Vedanta Share Price Target 2023-2030
| Year | Share Price Target |
|---|---|
| 2023 | 200-220 |
| 2024 | 250-270 |
| 2025 | 300-320 |
| 2026 | 350-370 |
| 2027 | 400-420 |
| 2028 | 450-470 |
| 2029 | 500-520 |
| 2030 | 550-570 |
Introduction
Vedanta Limited is an Indian multinational conglomerate company headquartered in Mumbai, India. It operates in the mining, oil and gas, and metals and minerals sectors. The company was founded in 2003 and is listed on the Bombay Stock Exchange and the National Stock Exchange of India.
Vedanta’s share price has been on a downward trend in recent years, due to a number of factors, including the decline in commodity prices and the company’s debt burden. However, the company has been making progress in reducing its debt and is expected to improve its financial performance in the coming years.
Vedanta Share Price Target for 2023
The Vedanta share price is expected to trade in the range of ₹200-220 in 2023. This is based on the company’s current financial performance and the expected improvement in its financial performance in the coming year.
Vedanta Share Price Target for 2024
The Vedanta share price is expected to rise to ₹250-270 in 2024. This is due to the company’s continued improvement in financial performance and the expected growth of its mining and oil and gas businesses.
Vedanta Share Price Target for 2025
The Vedanta share price is expected to reach ₹300-320 in 2025. This is because the company is expected to benefit from the growth of the Indian economy and the government’s plans to invest in infrastructure.
Vedanta Share Price Target for 2026
The Vedanta share price is expected to touch ₹350-370 in 2026. This is due to the company’s strong financial performance and the expected growth of its digital transformation initiatives.
Vedanta Share Price Target for 2027
The Vedanta share price is expected to cross ₹400-420 in 2027. This is because the company is expected to benefit from the government’s plans to launch the Unified Payments Interface (UPI) 2.0 and the National Bank for Financing Infrastructure and Development (NBFID).
Vedanta Share Price Target for 2028
The Vedanta share price is expected to reach ₹450-470 in 2028. This is due to the company’s strong financial performance and the expected growth of its corporate banking business.
Vedanta Share Price Target for 2029
The Vedanta share price is expected to touch ₹500-520 in 2029. This is because the company is expected to benefit from the growth of the Indian economy and the government’s plans to invest in the financial sector.
Vedanta Share Price Target for 2030
The Vedanta share price is expected to cross ₹550-570 in 2030. This is due to the company’s strong financial performance and the expected growth of its digital banking business.
Conclusion
The Vedanta share price is expected to rise steadily in the coming years, driven by the company’s strong financial performance and the government’s plans to invest heavily in the mining and metals sector. Investors who are looking for a long-term investment in the mining and metals sector could consider investing in Vedanta shares.