Vedanta Group / This is how Anil Agarwal changed the whole story, Tata, Ambani, Adani kept watching

Vedanta Group: The kind of growth that Anil Agarwal's Vedanta Group has seen in the current financial year, such growth was neither seen in Mukesh Ambani's company Reliance Industries nor in Gautam Adani's Adani Group. The most important thing is that Ratan Tata Group also lagged behind the companies of Vedanta Group. In fact, the highest increase in the market cap of Vedanta Group has been seen in the current financial year. The shares of both the companies of Vedanta Group, Vedanta Limited and Hindustan Zinc, have doubled from their 52-week low. Whereas in the month of May, the shares of both the companies had reached a record 52-week high. Let us try to understand from the language of stock market data, how the companies of Vedanta Group left behind the big companies?

How much did the market cap of Vedanta Group increase?

The wealth of the investors of Vedanta Group, formed by Vedanta Limited and Hindustan Zinc Limited, has increased a lot in the current financial year so far. During this period, the joint market cap of both the companies has increased by Rs 2.2 lakh crore. According to stock market data, between March 28 and June 20 this year, the total market cap of Vedanta Group increased by more than Rs 2.2 lakh crore. After which the total market cap of both the companies has become Rs 4,48,453.96 crore. At present, the market cap of Vedanta Limited is Rs 1,74,801.17 crore. At the same time, the market cap of Hindustan Zinc is Rs 2,73,652.79 crore.

Company shares doubled from lower level

This figure is much more than the increase in market capitalization of major Indian companies like Reliance Industries, Mahindra Group and Tata Group in the same period. According to stock market data, the share prices of Vedanta Limited and Hindustan Zinc have almost doubled from their 52-week low. According to BSE data, on June 20, the stock of Vedanta Limited closed at Rs 470.25 with a gain of 4.86 per cent. While the company's 52-week high was Rs 506.85 on May 22. At the same time, the 52-week low of the company was seen at Rs 207.85 on September 28, 2023. On the other hand, Hindustan Zinc shares closed at Rs 647.65 with a gain of more than 2 per cent. The company's 52-week high was seen on May 22, when the company's stock reached Rs 807. On the other hand, on March 15, the company's stock reached a 52-week low of Rs 285.

Tata, Adani, Ambani now behind

During this period, the market cap of Adani Group and Mahindra Group has seen an increase of Rs 1.4 lakh crore. Apart from this, the Tata Group market capitalization saw an increase of more than Rs 60,600 crore. On the other hand, the market valuation of giant Reliance Industries fell by more than Rs 20,656.14 crore. According to the data, the market cap of Reliance Industries is Rs 19,93,479.19 crore. While during this period the market cap of the company had crossed Rs 20 lakh crore. Reliance Industries became the first company in the country to do so.

Vedanta's earnings figures were like this

Vedanta earned its second highest revenue of Rs 1,41,793 crore and EBITDA of Rs 36,455 crore with an EBITDA margin of 30 per cent in the financial year 2023-24. Vedanta Group has prepared a strategic blueprint for EBITDA income of $10 billion in the near future, which includes timely implementation of more than 50 growth projects including zinc, aluminum, oil and gas and power business. The share of foreign institutional investors (FIIs) in Vedanta Group increased to 8.77 per cent at the end of March quarter, while it was 7.74 per cent in the December quarter.