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Vedanta shares today on July 10, 2025, are trading 1.4% lower at ₹434.60 following the backlash from Viceroy Research report.
Vedanta has strongly denied the allegations. It insists that the timing of the report is intended to disrupt upcoming corporate initiatives, including today’s AGM.
Investors await clarity from Vedanta’s AGM scheduled at 3 PM IST today on July 10, 2025. The board meeting may influence near-term sentiment.
Vedanta share price came under pressure this week following explosive allegations made by US-based short seller Viceroy Research. The stock was trading at ₹434.60 on July 10 as of 12 PM. It is a 1.4% decline compared to the previous close of ₹440.75. Vedanta shares opened at ₹438.60 and touched a low of ₹434.10 during intraday trade.
Let’s take a deep dive into how the stock is performing today, the analysts’ insights, and details of the impending AGM meeting.
The stock’s trading volume stood at 6.58 million shares with a total value of ₹2,862.5 crore. Meanwhile, the volume-weighted average price (VWAP) was ₹438.79. Despite the decline, Vedanta shares retain a significant market capitalization of ₹1.69 lakh crore. Notably, its 52-week high is ₹526.95, and its low is ₹363.00.
The stock has a high dividend yield of 10.01% and a trailing twelve-month earnings per share (EPS) of ₹38.33, reflecting a 236.37% year-on-year increase. Its price-to-earnings (PE) ratio currently stands at 11.34, lower than the sector average of 12.04. Analysts remain relatively bullish, with 53% recommending a ‘Buy’ and another 7% rating it as ‘Outperform’.
Vedanta share price chart shows a dip of 0.87% as of 12.33 PM:
The recent volatility in Vedanta shares was triggered by a report from Viceroy Research. It alleged deep-rooted financial mismanagement at the parent company Vedanta Resources (VRL). The report went on to allege, “This resembles a Ponzi scheme where Vedanta stakeholders, including VRL creditors, are the ‘suckers.”
Viceroy described VRL as a ‘parasite holding company with no significant operations of its own.’ It further said that the company was relying entirely on ‘cash extracted from its ‘dying host’, Vedanta Limited, to service its debt.
The impact was immediate. Vedanta shares dropped as much as 8% during intraday trade on July 9, before recovering slightly to close 3% lower.
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Vedanta issued a strongly worded response to the report, labeling it as ‘a malicious combination of selective misinformation and baseless allegations.’ The company emphasized that the report was based on public information that had been deliberately distorted to ‘sensationalise’ its context.
In a regulatory filing, the company stated, “The timing of the report is suspect and may be aimed at undermining our forthcoming corporate initiatives. Our stakeholders are discerning enough to see through such tactics.”
The company also pointed out that the report lacked any genuine investigative effort and was published without contacting Vedanta for clarification. The latter also highlighted the fact that Viceroy had included disclaimers, suggesting the report was ‘for educational purposes only’ and reflected ‘mere opinions rather than facts.’
Vedanta’s 60th annual meeting is scheduled today on July 10, 2025, at 3 PM IST. Investors will be watching closely for any further clarifications from the company, updates on regulatory scrutiny, or legal actions taken by stakeholders. Experts expect this board meeting to change the stock’s movement in the short term.
Vedanta’s fundamentals are strong on paper, highlighted by its high dividend yield, rising earnings, and favourable analyst ratings. However, the near-term outlook may be clouded by Viceroy’s accusations. Until the dust settles, Vedanta’s share price may continue to experience short-term volatility despite its strong long-term metrics.
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1. What is the Vedanta board meeting date for 2025?
Vedanta’s key board meeting for 2025 is scheduled to take place today, July 10, 2025. This meeting, also referred to as the Annual General Meeting (AGM), comes at a critical time following allegations from short-seller Viceroy Research and could address major corporate actions and investor concerns.
2. Who will get Vedanta demerger shares?
Shareholders who hold Vedanta shares as of the record date set by the company for the demerger will be eligible to receive shares of the demerged entities. The specific ratio and structure will depend on regulatory approvals and final board decisions, which may be discussed in upcoming meetings.
3. Is Vedanta stock a good buy option?
Vedanta shares offer a strong dividend yield (10.01%) and solid earnings growth, with TTM EPS up 236.37% year-on-year. Despite recent volatility, 53% of analysts rate it as a ‘Buy’ and 7% as ‘Outperform.’ However, short-term risks exist due to market sentiment.
4. What is the 10-year return of Vedanta?
Over the last 10 years, Vedanta shares have delivered mixed returns due to commodity cycles, debt restructuring, and regulatory challenges. While long-term holders have seen gains, recent volatility has affected cumulative returns. Exact figures depend on entry and exit points.
5. What is Vedanta Shares' target price?
Analyst target prices for Vedanta vary based on market developments, but many place it between ₹470 and ₹510 in the near term. Today’s AGM outcomes, resolution of short-seller claims, and clarity on corporate actions could significantly influence revised targets.
