Vedanta Group Biggest Wealth Creator in FY25 till Date; Adds Over Rs 2.2 lakh crore in market cap

• Vedanta Group market cap has grown by over Rs 2.2 lakh crore since April, highest among listed conglomerates

• Vedanta Limited and Hindustan Zinc Limited stocks hit an all-time high of Rs 506.75 and 807 on May 22. The value of Government’s ~29.5% stake in HZL has soared by 2x in FY25 to more than Rs 80,000 crores.

Defying the volatility in the market caused by the general elections, the Vedanta Group (comprising of Vedanta Ltd, Hindustan Zinc Ltd) has driven maximum wealth for investors on Dalal Street in the current financial year so far. This is higher than the market cap growth witnessed by leading Indian businesses such as Reliance Industries, Mahindra Group, and the Tata Group during the same period.

The market capitalization of the Vedanta Group surged by over Rs 2.2 lakh crore between March 28 and June 20, 2024.  Comparatively, the Adani and Mahindra groups saw their market cap rise by Rs 1.4 lakh crore each. While Tata Group’s market cap rose by over Rs 60,600 crore, heavyweight RIL’s market value declined by more than Rs 8200 crore.