Why Vedanta Share Price is Rising

# Stake Sale

Vedanta shares climbed as much as 4% after the company announced a strategic move involving its subsidiary, Hindustan Zinc.

The metals major informed stock exchanges that it will sell up to 1.59% stake in Hindustan Zinc through an Offer for Sale (OFS), which will be open for two days on 29 & 30 January 2026.

As per the filing, Vedanta's board has approved the sale of 67 million shares of Hindustan Zinc, representing 1.59% of the company's total paid-up equity capital.

This is the main reason why Vedanta's share price moved higher following the announcement.

What Next?

Moving forward, Vedanta's growth plan, known as Vedanta 2.0, focuses on scaling capacities to support India's resource needs and the global shift towards cleaner energy.

Key plans include increasing aluminium capacity to 3.1 million tonnes per year, doubling zinc metal production to 2 million tonnes, and expanding merchant power capacity to 5 gigawatts.

A major part of its long-term vision is a planned demerger into five independent businesses, aluminium, oil & gas, power, base metals, and iron and steel. This move aims to simplify the company's structure and help unlock greater value for investors.

With vertical integration (owning mines, captive coal and bauxite, refining capacity), Vedanta aims to reduce its cost of production significantly over the coming years.

Rising global demand or supply constraints could push up metal prices, which in turn could boost Vedanta's revenue and margins (given its scale and low cost).

Vedanta's metals are used in infrastructure, railways & roads, power transmission, EVs & renewable energy, and consumer electronics. With India's capex cycle accelerating, Vedanta is directly linked to nationwide demand growth.

How Vedanta Shares Have Performed Recently

In the past five trading sessions, Vedanta shares jumped by 10%, extending its one-month rally to 24.4%.

Over the past year, the share price has been up 74%.

The stock touched its 52-week high of Rs 741.80 on 28 January 2026 and its 52-week low of Rs 362.20 on 7 April 2025.

About Vedanta

Vedanta is one of the world's largest natural resources conglomerates, with interests in aluminium, zinc-lead-silver, oil and gas, iron ore, steel, copper, power, ferro alloys, nickel, semiconductor, and glass.

The company has assets based across India, South Africa, Namibia, and Liberia.

With its Tuticorin smelter and Silvassa refinery, Vedanta holds one of India's largest integrated copper production capacities, essential for import substitution and domestic industrial resilience. It has a 20% domestic market share.

Vedanta is positioning itself as a leader in India's critical minerals race. With the Indian government focused on rare earths and strategic metals, Vedanta's plans in this space are taking shape.

For more details, see the Vedanta company fact sheet and quarterly results.

You can also compare Vedanta with its peers:

Vedanta vs Hindustan Zinc

Vedanta vs Hindalco

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Happy Investing.

Investors should evaluate the company's fundamentals, corporate governance, and valuations of the stock as key factors when conducting due diligence before making investment decisions.

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