NSE: VEDPOWER · 30 October 2026
- Vedanta Power has risen 14.83% over 2 trading sessions; today's move is +14.47%.
- Vedanta Power reported its financial results for the second quarter ended September 30, 2026, showcasing a 38% year-on-year rise in revenue to ₹2,908 crore and a 122% surge in EBITDA to ₹421 crore. The company posted a Profit After Tax before exceptional items of ₹101 crore, compared to a loss in the year-ago period, and registered its first-ever positive earnings per share of ₹0.21. Management attributed the growth to strong operational execution, asset turnarounds at Meenakshi Energy and Jharsuguda, and higher power sales.
- Trading volume was 11.12 times the 20-day average daily volume.
Vedanta Power share price: 14.83% rise over 2 trading sessions
Vedanta Power Ltd. (VEDPOWER) surged 14.47% during the trading session, closing at ₹33.06 after moving within a day's range of ₹30.59 to ₹34.65. The stock opened higher at ₹31.60 compared to its previous close of ₹28.88, reflecting a gap-up of 9.42%.
The broader market benchmark Nifty advanced 0.51% during the session.
The sharp price movement follows the company's recent financial results for the second quarter ended September 30, 2026, where it reported its highest-ever quarterly performance with revenue rising 38% year-on-year to ₹2,908 crore and EBITDA surging 122% to ₹421 crore. While these earnings were announced on October 29, 2026, the positive operational turnaround—including record power sales from turnaround assets like Meenakshi Energy and Jharsuguda alongside the company's first-ever positive earnings per share of ₹0.21—continues to influence investor sentiment and market participation.
29.54 crore shares traded by 30 October 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 2.66 crore shares (11.12 times). The five-day average daily volume was 1.43 crore shares. Separately, the NSE report for 29 October 2026 showed 43.55 lakh shares delivered, representing 41.39% of that day’s traded volume. The same report recorded 41,668 trades.
The stock's 14.47% surge alongside a 9.42% gap-up and heightened trading volume is supported by the company's recent announcement of its highest-ever quarterly performance, featuring a 122% jump in EBITDA and its first-ever positive EPS.
Latest Company Developments
Vedanta Power reported its financial results for the second quarter ended September 30, 2026, showcasing a 38% year-on-year rise in revenue to ₹2,908 crore and a 122% surge in EBITDA to ₹421 crore. The company posted a Profit After Tax before exceptional items of ₹101 crore, compared to a loss in the year-ago period, and registered its first-ever positive earnings per share of ₹0.21. Management attributed the growth to strong operational execution, asset turnarounds at Meenakshi Energy and Jharsuguda, and higher power sales.
Provides foundational fundamental context regarding the company's financial turnaround, improved profitability, and expanding operational scale.
The company announced the successful synchronisation of its 1,000 MW Sakti Thermal Plant located at Singhitarai on October 25, 2026. Management noted that sustained and stable operations from this new capacity will contribute directly to future EBITDA and free cash generation.
Expands the company's operational footprint and reinforces its long-term growth and capacity addition roadmap.
a press release dated October 29, 2026, titled "Vedanta Power Reports Highest-Ever Quarterly Performance in Q2 FY27, Backed by Strong Operational Excellence; EBITDA Soars 122% and Revenue Rises 38% YoY".
Vedanta Power Limited has submitted to the Exchange, the unaudited financial results for the period ended September 30, 2026.
a press release dated October 29, 2026, titled "Vedanta Power Reports Highest-Ever Quarterly Performance in Q2 FY27, Backed by Strong Operational Excellence; EBITDA Soars 122% and Revenue Rises 38% YoY".
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 3.24% on 30 September 2026. This compares with 6.47% on 30 June 2026, a change of -3.23 percentage points.
The filing reported 25 MF/UTI holders.
Research & Brokerage Views
Initiated coverage with a buy rating following the company's stock debut after its demerger.
What to Watch Next
- Execution and stabilization of operations at the newly synchronised Sakti Thermal Plant.
- Sustained asset availability across turnaround units including Meenakshi Energy and Jharsuguda.
- Further progress on balance sheet deleveraging and Net Debt/EBITDA reduction from 4.47x.
- Quarterly cash flow generation and delivery volume trends relative to the 20-day average.
Other Dated Coverage
More Vedanta Power news and dated analysis →
Frequently Asked Questions
What is the latest Vedanta Power company news?
Vedanta Power reported its financial results for the second quarter ended September 30, 2026, showcasing a 38% year-on-year rise in revenue to ₹2,908 crore and a 122% surge in EBITDA to ₹421 crore. The company posted a Profit After Tax before exceptional items of ₹101 crore, compared to a loss in the year-ago period, and registered its first-ever positive earnings per share of ₹0.21. Management attributed the growth to strong operational execution, asset turnarounds at Meenakshi Energy and Jharsuguda, and higher power sales.
How strong was Vedanta Power’s trading volume?
29.54 crore shares traded, 11.12 times the 20-day average daily volume. The price and volume data are dated 30 October 2026 · 03:25 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.