Vedanta shares extend winning streak for fourth straight session, hit 52-week high; can the rally continue?

Shares of Vedanta Limited continued their strong upward momentum on Thursday, rising as much as 4 per cent to hit a fresh 52-week high of Rs 336 on the BSE. The rally extended gains from the previous session, when the stock had closed nearly 6 per cent higher at Rs 323.10 apiece.

Over the past four trading sessions, Vedanta shares have surged more than 13 per cent, supported by strong investor sentiment towards metal stocks and optimism surrounding the company’s operational performance.

Vedanta Ltd closed at Rs 339.50 on the NSE on May 14, 2026, up Rs 16.15 or 4.99 per cent for the day.

Trading activity crosses Rs 578 crore

Vedanta also witnessed exceptional trading activity during the session. Around 1.75 crore shares changed hands on May 14, 2026, translating into a traded value of nearly Rs 578.91 crore, making the stock one of the most actively traded counters on the exchanges.

The stock’s attractive dividend profile also remained in focus. At current market levels, Vedanta offers a dividend yield of around 10.52 per cent, continuing to draw attention from income-focused investors.

Metal stocks rally after import duty announcement

The broader rally in metal counters came after the government’s recent import duty announcement, which boosted sentiment across the sector. The optimism carried into Thursday’s session, with investors betting on stronger earnings visibility for domestic metal producers.

Vedanta’s latest operational updates further supported market confidence. According to the company’s Q4 FY26 investor presentation submitted to exchanges, silver emerged as a major profitability driver for the company during the year.

Silver business drives profitability

Vedanta reported full-year saleable silver production of 627 metric tonnes in FY26. Notably, the company said silver contributed nearly 45 per cent to its overall profitability during the year.

For the March quarter alone, silver production rose 11 per cent sequentially to 176 metric tonnes, reflecting strong operational momentum in the segment.

The company also highlighted strong performance from its subsidiary Hindustan Zinc Limited, which achieved its highest-ever quarterly mined and refined metal production at 315 kilotonnes and 282 kilotonnes, respectively.

Aluminium business achieves record output

Vedanta’s aluminium business also delivered record performance during FY26. The company reported its highest-ever annual aluminium production at 2,456 kilotonnes, up 1 per cent year-on-year.

In addition, the company said it managed to reduce production costs to five-year lows across both its aluminium and zinc businesses, helping improve operational efficiency and profitability.

Investor focus on demerger and commodity outlook

Investor sentiment around Vedanta has also remained upbeat amid progress on its ongoing demerger plans and expectations of improving commodity demand globally.

Analysts believe the company’s diversified metals portfolio, strong dividend payouts and improving operational metrics continue to support the stock, although commodity price volatility and global demand trends remain key monitorables going forward.