The move gains importance as Vedanta had pledged almost 95% of its holdings in Hindustan Zinc (HZL), including a recent one three days ago.

Vedanta’s promoters cannot dispose of shares: Lender | The Financial Express

Vedanta stake was pledged from 2020 onwards by the group’s promoter Anil Agarwal to raise funds

Promoters of the group can’t dispose of Vedanta shares, says lender

Stocks to watch: Shares of firms like SAIL, Hindustan Zinc, ONGC, BHEL, Vedanta, Voda Idea, Zee, and others will be in focus on Friday’s trade.

Stocks to Watch: SAIL, Hindustan Zinc, ONGC, BHEL, Vedanta, Voda Idea, Zee, and Others

The SGX Nifty signalled that the domestic indices BSE Sensex and NSE Nifty 50 might open in the red. Here’s a look at the key stocks to watch in trade.

Stocks To Watch: HDFC, SAIL, Vedanta, Reliance Industries, Vodafone Idea, ONGC, Sun Pharma | The Financial Express

The move comes at a time when its parent Vedanta Resources is shoring up funds to trim debt.

Vedanta pledges 95% holdings in Hindustan Zinc to raise funds | The Financial Express

London-based parent of the company has over the past month repaid all loans

Anil Agarwal’s Vedanta pledges entire Hindustan Zinc stake to raise funds

His appointment comes at a time when Vedanta is awaiting India Semiconductor Mission’s approval for its application.

Vedanta Foxconn JV appoints Mike Young for overseeing execution of manufacturing at the upcoming semiconductor fab

Vedanta’s Hindustan Zinc Stake Pledge: Vedanta created a pledge of 3.3% of its total equity or 13.94 crore shares in favour of Axis Trustee Services on May 23

Anil Agarwal’s Vedanta pledges almost its entire stake in Hindustan Zinc

His appointment comes at a time when Anil Agarwal-led Vedanta has been on an aggressive talent acquisition drive to attract leaders from the semiconductor industry globally

Mike Young to take charge as senior VP for Vedanta’s semiconductor biz

The company said that in this role, Mike Young will oversee the seamless execution of manufacturing and operational processes as VFSL looks at setting up a state-of-the-art semiconductor fab in India.

Vedanta-Foxconn Semiconductors makes another senior hire to further chip making ambitions

Vedanta, owned by Anil Agarwal, has pledged almost all of its holdings in Hindustan Zinc as collateral for loans. The company created a pledge on 13.94 crore shares or 3.3% of the total equity. This was the third instance during this financial year when the multinational mining company pledged its s…

Vedanta pledges nearly entire 64.92% stake in Hindustan Zinc

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced but is in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Not a good time to consider, stock is in the overbought zone

Technicals

Entry point

The stock has a moderate number of red flags

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Vedanta Limited is a global diversified natural resource company operating across segments which are Copper; Aluminium; Iron Ore; Power; Zinc, Lead and Silver; Oil and Gas, and Others.

Vedanta Ltd