Vedanta Share Price Today: Stock Falls 5% to ₹638 Ahead of Dividend and Demerger

Overview

• Vedanta share price fell 5.04% to Rs. 638.35 with the stock testing its key support level near Rs. 637 as selling pressure increased amid weak market sentiment.

• The stock remains in focus due to the board meeting for its third interim dividend, with a record date of March 28 and a strong dividend yield of 6.83%.

• Vedanta’s upcoming 1:5 demerger plan is expected to create four new listed companies, which may unlock long-term value even though short-term price volatility continues.

Vedanta share price is in focus today as investors deal with a highly anticipated dividend announcement. The metal giant has been a favorite for those seeking regular payouts. The broader sell-off mood in the market on escalation in the US-Iran war has pulled the stock lower. Vedanta shares have dipped 5.04% to Rs. 638.35 at press time. The dip comes even as the company board meets to approve its third interim dividend for the current financial year. For many, the big question is whether this dip is a warning sign or a good chance to buy before the upcoming 1:5 stock demerger.

Here’s an in-depth analysis on Vedanta share price based on Moneycontrol data. 

Current Market Performance

The stock opened at 660, which was already lower than the previous close of Rs. 672.20. Vedanta share price’s intra day high and low are Rs. 660.90 and Rs. 634.25,respectively. Despite this 5% drop, the stock is higher than its 52-week low of Rs. 363. Trading activity is quite high today, with a volume of over 1.39 crore shares. Market experts note that the current price is sitting just above the third support level of Rs. 637.93, suggesting that the stock is testing its floor. With a market cap of over Rs. 2.49 lakh crore, Vedanta stock is a heavyweight that moves the broader market indices.

Vedanta share price chart on Moneycontrol shows a loss of 4.80% as of 1.52 PM:

Dividend Announcement and Important Dates

The main reason for the buzz around Vedanta today is the board meeting to approve the third interim dividend. The company has a strong track record of sharing profits with its owners, having given out at least 45 dividends since 2003. In the last year alone, Vedanta paid a total of Rs. 23 per share. To get this new dividend, you must own the stock before the record date, which is set for Saturday, March 28. Since the market is closed on Saturdays, the stock will go ex-dividend on Friday, March 27. This means if you buy the shares after Friday, you will not be eligible for the payout. The current dividend yield stands at a high 6.83%, making it one of the top choices for passive income in the Indian market.

The Big 1:5 Demerger Plan

Beyond the immediate cash payout, Vedanta is moving forward with a massive plan to split its business into five separate listed companies. This 1:5 demerger means that for every one share of Vedanta you own, you will eventually receive one share in four new companies: Vedanta Aluminum, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel. The original Vedanta will stay on the exchange as the parent company for Hindustan Zinc. The goal of this move is to give each business its own leadership and a clear path to grow. Many analysts believe this will help unlock more value for shareholders in the long run as each sector can focus on its own specific market demands.

Also Read: Stock Market Today: Sensex Crashes 1,742 Points, Nifty Drops to 22,551 as US-Iran War Enters Week Four

Future Outlook and Analyst Views

Even with today’s price drop, the general mood among financial experts remains positive. Out of 13 analysts tracking the stock, nearly 70% maintain a buy rating. They expect the company's earnings per share to grow by over 33% this year. Some big global firms have even set a target price as high as Rs. 840, which shows they expect a 20% rise from current levels. The logic behind these high targets is that the stock is currently trading at a fair price compared to its peers. While the current drop to Rs. 638.35 might look scary, the combination of a high dividend and the upcoming business split offers a unique setup for those looking at the bigger picture.

Also Read: Gold Price Today: MCX Gold Crashes Below Rs. 1.37 Lakh Amid Rate Hike Fears

FAQs

1. Why did Vedanta shares fall?

Vedanta share price is falling mainly due to overall market weakness and profit booking. The broader market is under pressure because of global tensions, which is affecting metal stocks. At the same time, investors are cautious ahead of the dividend announcement. This mix of factors has led to selling, pushing the stock down by over 5% during the session.

2. What is Vedanta share price today?

Vedanta share price is currently around Rs. 638.35, down 5.04% from its previous close of Rs. 672.20. The stock opened lower and continued to decline during the day. It touched a low of Rs. 634.25 and is now trading close to its key support level, showing short-term weakness in price movement.

3. What is the dividend record date for Vedanta?

The record date for Vedanta’s third interim dividend is March 28. Since this date falls on a Saturday, the stock will turn ex-dividend on March 27. This means investors must buy the shares before March 27 to be eligible for the dividend payout. Buying after that date will not qualify for the upcoming dividend.

4. What is Vedanta’s 1:5 demerger plan?

Vedanta is planning to split its business into five separate companies. For every one share held, investors will receive shares in four new companies. These include businesses like aluminium, oil and gas, power, and iron and steel. The aim is to allow each business to grow independently and create more value for shareholders over time.

5. Is Vedanta stock a good buy now?

Many analysts remain positive on Vedanta despite the recent fall. Around 70% of experts have a buy rating on the stock. They expect earnings to grow strongly and see a target price above Rs. 800. While the short-term trend may remain weak, the dividend and demerger plans make it attractive for long-term investors.