Vedanta Share Price Rises 1.76% to ₹407.10 in Early Trade; Dividend Yield Supports Upside
Vedanta share climbed over 1.7% to ₹407.10 on April 21, backed by strong dividend attractiveness and firm commodity outlook.
Key Highlights:
Vedanta Share Price Climbs to ₹407.10, Up 1.76% in Early Trade
Vedanta Share Price rose ₹7.05 or 1.76% to ₹407.10 as of 9:55 AM IST on April 21, marking a strong start for the diversified metals and mining major. The stock opened at ₹404.00 and touched an intraday high of ₹407.40, driven by renewed buying in high-dividend PSU and metal stocks.
Vedanta Share Snapshot – April 21
| Parameter | Value |
|---|---|
| Current Price | ₹407.10 |
| Day’s High | ₹407.40 |
| Day’s Low | ₹400.05 |
| Opening Price | ₹404.00 |
| Previous Close | ₹400.05 |
| Market Cap | ₹1.59 Lakh Cr |
| P/E Ratio | 12.16 |
| Dividend Yield | 11.59% |
| 52-Week High | ₹526.95 |
| 52-Week Low | ₹363.00 |
What’s Driving Vedanta Stock Today?
- High dividend yield (11.59%) continues to attract income-focused investors
- Rebound in base metal prices (aluminium, zinc) on China stimulus hopes
- Positive sentiment ahead of the company’s upcoming business demerger plan update
- Bargain buying near ₹400 support zone after recent consolidation
Metal Stock Peers – April 21 Early Performance
| Stock | Price (₹) | Change (%) |
|---|---|---|
| Vedanta | 407.10 | +1.76% |
| Hindalco | 615.80 | +0.82% |
| JSW Steel | 898.30 | +0.95% |
| SAIL | 137.70 | +0.40% |
| NMDC | 209.65 | +0.60% |
Vedanta leads the metals pack on the back of dividend-led accumulation and commodity tailwinds.
Technical View – Vedanta Share Levels to Watch
| Level Type | Price (₹) |
|---|---|
| Immediate Support | 400.00 |
| Strong Support | 390.00 |
| Resistance Zone | 410.00 / 418.00 |
| Breakout Trigger | 420.00 |
A close above ₹410 may open up the possibility for a short-term rally toward ₹420–₹430, while support remains strong at ₹400.
Analyst Commentary on Vedanta Stock
- Motilal Oswal: “Dividend yield remains key support. Watch for demerger and balance sheet clarity.”
- Kotak Securities: “Strong cash flow, but debt and restructuring updates remain critical.”
- Axis Capital: “Prefer Hindalco for long-term growth; Vedanta more of a yield play.”
Final Word on Vedanta Share Price Today
Vedanta share price moved up smartly in early trade on April 21, supported by its sector-leading dividend yield and broad-based metal strength. While the stock remains range-bound, investors are showing renewed interest ahead of corporate action cues. Traders should watch ₹410–₹420 for confirmation of further upside momentum.
Stay updated with the latest from Hindustan Herald — your trusted source for
Politics, Business, Sports, Entertainment, Lifestyle, Breaking News, and More.
📲 Follow us on Facebook, Instagram, Twitter, LinkedIn, and YouTube
🔔 Join our Telegram channel @hindustanherald for real-time news alerts.
