Vedanta Iron & Steel
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Forensics
Recent events
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News
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Sept 2 (Reuters) - Vedanta Iron And Steel Limited VEDR.NS:
VEDANTA IRON AND STEEL - GETS DEMAND FOR 2.8 MILLION RUPEES FROM REGIONAL PROVIDENT FUND COMMISSIONER, GOA
Source text: ID:nBSE2Yz06
Further company coverage: VEDR.NS
(([email protected];;))
Sept 2 (Reuters) - Vedanta Iron And Steel Limited VEDR.NS:
VEDANTA IRON AND STEEL - GETS DEMAND FOR 2.8 MILLION RUPEES FROM REGIONAL PROVIDENT FUND COMMISSIONER, GOA
Source text: ID:nBSE2Yz06
Further company coverage: VEDR.NS
(([email protected];;))
Aug 28 (Reuters) - Vedanta Iron And Steel Limited VEDR.NS:
VEDANTA IRON AND STEEL - UNIT'S TAX DEMAND REDUCED TO 67.3 MILLION RUPEES FROM 512.3 MILLION RUPEES
Source text: ID:nBSEsKcbR
Further company coverage: VEDR.NS
(([email protected];))
Aug 28 (Reuters) - Vedanta Iron And Steel Limited VEDR.NS:
VEDANTA IRON AND STEEL - UNIT'S TAX DEMAND REDUCED TO 67.3 MILLION RUPEES FROM 512.3 MILLION RUPEES
Source text: ID:nBSEsKcbR
Further company coverage: VEDR.NS
(([email protected];))
Aug 10 (Reuters) - Vedanta Iron And Steel Limited VEDR.NS:
UNIT GETS TAX DEPARTMENT NOTICE PROPOSING TAX LIABILITY OF 157.4 MILLION RUPEES
Source text: ID:nBSEcbTF23
Further company coverage: VEDR.NS
(([email protected];;))
Aug 10 (Reuters) - Vedanta Iron And Steel Limited VEDR.NS:
UNIT GETS TAX DEPARTMENT NOTICE PROPOSING TAX LIABILITY OF 157.4 MILLION RUPEES
Source text: ID:nBSEcbTF23
Further company coverage: VEDR.NS
(([email protected];;))
GLAS Agency (Hong Kong) Limited, acting as security trustee for three US dollar bonds totalling $1.75 billion issued by Vedanta Resources Finance II Plc, disclosed an encumbrance over the promoter group's entire 56.38% stake in Vedanta Iron And Steel on Tuesday. The encumbrance, effective from the 13 July trust deed, stems from negative pledge covenants that restrict the promoter group entities—Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II—from creating additional security interests, and also limit their ability to acquire or dispose of shares. The bonds were issued on 25 June 2026, and the filing clarifies that no share pledge exists, though the contractual terms meet the definition of encumbrance under India's takeover regulations.
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GLAS Agency (Hong Kong) Limited, acting as security trustee for three US dollar bonds totalling $1.75 billion issued by Vedanta Resources Finance II Plc, disclosed an encumbrance over the promoter group's entire 56.38% stake in Vedanta Iron And Steel on Tuesday. The encumbrance, effective from the 13 July trust deed, stems from negative pledge covenants that restrict the promoter group entities—Twin Star Holdings, Welter Trading, and Vedanta Holdings Mauritius II—from creating additional security interests, and also limit their ability to acquire or dispose of shares. The bonds were issued on 25 June 2026, and the filing clarifies that no share pledge exists, though the contractual terms meet the definition of encumbrance under India's takeover regulations.
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July 3 (Reuters) - Vedanta Iron And Steel Limited VEDR.NS:
NEO APEX SHARE BROKING SERVICES LLP BUYS 20.89 MILLION SHARES IN VEDANTA IRON AND STEEL AT 42.42 RUPEES/SHARE VIA BULK DEAL - NSE DATA
Further company coverage: VEDR.NS
(([email protected];))
July 3 (Reuters) - Vedanta Iron And Steel Limited VEDR.NS:
NEO APEX SHARE BROKING SERVICES LLP BUYS 20.89 MILLION SHARES IN VEDANTA IRON AND STEEL AT 42.42 RUPEES/SHARE VIA BULK DEAL - NSE DATA
Further company coverage: VEDR.NS
(([email protected];))
** Vedanta Aluminium Metal VEDO.NS stock falls 5% below listing price to 495.90 rupees in trading debut
** Listed at 522 rupees, 331.3% higher than issue price of 121.03 rupees
** Vedanta Oil and Gas VEDL.NS also drops 5% below opening price on debut
** Vedanta Power TALA.NS and Vedanta Iron and Steel VEDR.NS rise 3.3% and 5.3% post-listing on NSE
** Parent Vedanta VDAN.NS, which now houses the base metals business, slips 1%
** All four firms listed Monday following demerger scheme that split VDAN's aluminium, power, iron & steel, and oil & gas units
(Reporting by Vijay Malkar)
(([email protected];))
** Vedanta Aluminium Metal VEDO.NS stock falls 5% below listing price to 495.90 rupees in trading debut
** Listed at 522 rupees, 331.3% higher than issue price of 121.03 rupees
** Vedanta Oil and Gas VEDL.NS also drops 5% below opening price on debut
** Vedanta Power TALA.NS and Vedanta Iron and Steel VEDR.NS rise 3.3% and 5.3% post-listing on NSE
** Parent Vedanta VDAN.NS, which now houses the base metals business, slips 1%
** All four firms listed Monday following demerger scheme that split VDAN's aluminium, power, iron & steel, and oil & gas units
(Reporting by Vijay Malkar)
(([email protected];))
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Popular questions
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What does Vedanta Iron & Steel do?
NA
Who are the competitors of Vedanta Iron & Steel?
Vedanta Iron & Steel major competitors are Gallantt Ispat, NMDC Steel, Usha Martin, Godawari Power & Isp, Sarda Energy & Min., Jayaswal Neco Inds, Jindal Saw. Market Cap of Vedanta Iron & Steel is ₹14,042 Crs. While the median market cap of its peers are ₹15,711 Crs.
Is Vedanta Iron & Steel financially stable compared to its competitors?
Vedanta Iron & Steel seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Vedanta Iron & Steel pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Vedanta Iron & Steel latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Vedanta Iron & Steel allocated its funds?
NA
How strong is Vedanta Iron & Steel balance sheet?
Balance sheet of Vedanta Iron & Steel is strong. But short term working capital might become an issue for this company.
Is the profitablity of Vedanta Iron & Steel improving?
The profit is oscillating. The profit of Vedanta Iron & Steel is ₹410 Crs for TTM, -₹0.04 Crs for Mar 2026 and -₹0.03 Crs for Mar 2025.
Is the debt of Vedanta Iron & Steel increasing or decreasing?
Yes, The net debt of Vedanta Iron & Steel is increasing. Latest net debt of Vedanta Iron & Steel is ₹0.05 Crs as of Mar-26. This is greater than Mar-25 when it was ₹0.02 Crs.
Is Vedanta Iron & Steel stock expensive?
There is insufficient historical data to gauge this. Latest PE of Vedanta Iron & Steel is 0
Has the share price of Vedanta Iron & Steel grown faster than its competition?
There is not enough historical data for the companies share price.
Is the promoter bullish about Vedanta Iron & Steel?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Vedanta Iron & Steel is 56.38% and last quarter promoter holding is 56.38%.
Are mutual funds buying/selling Vedanta Iron & Steel?
The mutual fund holding of Vedanta Iron & Steel is decreasing. The current mutual fund holding in Vedanta Iron & Steel is 2.76% while previous quarter holding is 6.46%.