Investors Still Aren't Entirely Convinced By Vedanta Limited's (NSE:VEDL) Earnings Despite 27% Price Jump
Jan 30
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Indian (NIFTY) Diversified Metals and Mining Industry Analysis
UpdatedJan 29, 2026
DataAggregated Company Financials
Companies23
- 7D4.6%
- 3M42.1%
- 1Y61.3%
- YTDn/a
Over the last 7 days, the Diversified Metals and Mining industry has risen 4.6%, driven by gains from Vedanta of 13%. Meanwhile, Ashapura Minechem actually underperformed within the industry, shrinking 7.0% in the last week. This takes the industry's 12 month performance to a gain of 61%. As for the next few years, earnings are expected to grow by 24% per annum.
Industry Valuation and Performance
Has the Indian Diversified Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 30 Jan 2026 | ₹6.2t | ₹2.1t | ₹251.4b | 22.8x | 24.8x | 2.9x |
| Sun, 28 Dec 2025 | ₹5.5t | ₹2.1t | ₹238.7b | 22.6x | 22.9x | 2.6x |
| Tue, 25 Nov 2025 | ₹4.3t | ₹2.1t | ₹238.7b | 20.4x | 17.8x | 2x |
| Thu, 23 Oct 2025 | ₹4.3t | ₹2.1t | ₹263.0b | 22.1x | 16.3x | 2.1x |
| Sat, 20 Sep 2025 | ₹3.9t | ₹2.0t | ₹256.9b | 23.7x | 15.3x | 2x |
| Mon, 18 Aug 2025 | ₹3.7t | ₹2.0t | ₹258.1b | 24.5x | 14.4x | 1.9x |
| Wed, 16 Jul 2025 | ₹3.8t | ₹2.0t | ₹261.4b | 23.2x | 14.7x | 2x |
| Fri, 13 Jun 2025 | ₹4.2t | ₹2.0t | ₹261.5b | 26.5x | 16.1x | 2.2x |
| Sun, 11 May 2025 | ₹3.5t | ₹2.0t | ₹261.0b | 27.9x | 13.5x | 1.8x |
| Tue, 08 Apr 2025 | ₹3.4t | ₹1.9t | ₹229.9b | 29.1x | 14.7x | 1.8x |
| Thu, 06 Mar 2025 | ₹3.6t | ₹1.9t | ₹229.9b | 30.1x | 15.7x | 1.9x |
| Sat, 01 Feb 2025 | ₹3.9t | ₹1.9t | ₹214.1b | 37.5x | 18.1x | 2.1x |
| Mon, 30 Dec 2024 | ₹4.0t | ₹1.9t | ₹209.9b | 35.4x | 19.1x | 2.1x |
| Wed, 27 Nov 2024 | ₹4.1t | ₹1.8t | ₹207.4b | 33x | 19.7x | 2.2x |
| Fri, 25 Oct 2024 | ₹4.3t | ₹1.8t | ₹146.0b | 35.2x | 29.8x | 2.4x |
| Sun, 22 Sep 2024 | ₹4.1t | ₹1.8t | ₹139.8b | 37.3x | 29.7x | 2.3x |
| Tue, 20 Aug 2024 | ₹4.1t | ₹1.8t | ₹139.9b | 34.1x | 29.2x | 2.2x |
| Thu, 18 Jul 2024 | ₹4.7t | ₹1.8t | ₹126.1b | 40.2x | 37.1x | 2.6x |
| Sat, 15 Jun 2024 | ₹4.6t | ₹1.8t | ₹126.1b | 39.2x | 36.8x | 2.6x |
| Mon, 13 May 2024 | ₹3.9t | ₹1.8t | ₹126.3b | 28x | 30.8x | 2.2x |
| Wed, 10 Apr 2024 | ₹3.1t | ₹1.8t | ₹136.9b | 29.8x | 22.6x | 1.7x |
| Fri, 08 Mar 2024 | ₹2.5t | ₹1.8t | ₹136.9b | 26.8x | 18.1x | 1.3x |
| Sun, 04 Feb 2024 | ₹2.5t | ₹1.8t | ₹136.4b | 28x | 18.2x | 1.4x |
| Tue, 02 Jan 2024 | ₹2.4t | ₹1.8t | ₹142.2b | 25.6x | 17.1x | 1.3x |
| Thu, 30 Nov 2023 | ₹2.3t | ₹1.8t | ₹141.5b | 30x | 16x | 1.2x |
| Sat, 28 Oct 2023 | ₹2.1t | ₹1.8t | ₹177.5b | 26.9x | 12.1x | 1.2x |
| Mon, 25 Sep 2023 | ₹2.3t | ₹1.8t | ₹187.0b | 16.9x | 12.1x | 1.3x |
| Wed, 23 Aug 2023 | ₹2.3t | ₹1.8t | ₹187.0b | 14.8x | 12.3x | 1.3x |
| Fri, 21 Jul 2023 | ₹2.5t | ₹1.9t | ₹215.5b | 15.5x | 11.6x | 1.3x |
| Sun, 18 Jun 2023 | ₹2.4t | ₹1.9t | ₹215.5b | 13.4x | 11.1x | 1.3x |
| Tue, 16 May 2023 | ₹2.4t | ₹1.9t | ₹214.8b | 17.8x | 11.2x | 1.3x |
| Thu, 13 Apr 2023 | ₹2.4t | ₹1.9t | ₹257.3b | 19x | 9.4x | 1.3x |
| Sat, 11 Mar 2023 | ₹2.4t | ₹1.9t | ₹257.3b | 17.9x | 9.3x | 1.3x |
| Mon, 06 Feb 2023 | ₹2.7t | ₹1.9t | ₹256.7b | 20x | 10.5x | 1.4x |
Price to Earnings Ratio
10.5x
Current Industry PE
- Investors are optimistic on the Indian Diversified Metals and Mining industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 24.8x which is higher than its 3-year average PE of 18.7x.
- The 3-year average PS ratio of 1.8x is lower than the industry's current PS ratio of 2.9x.
Past Earnings Growth
- The earnings for companies in the Diversified Metals and Mining industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 3.9% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased and as a result, profits have held steady.
Industry Comparison
How does Indian Diversified Metals and Mining compare with similar industries?
| IN Market | 1.14% | |
| Materials | 2.86% | |
| Metals and Mining | 4.97% | |
| Diversified Metals and Mining | 4.59% | |
| Copper | 13.37% | |
| Aluminum | 7.67% | |
| Steel | 4.21% | |
| Gold | 1.52% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| VEDL Vedanta | ₹766.35 | 12.9% +₹342.5b | 77.2% | PE24.9x | |
| 500188 Hindustan Zinc | ₹715.60 | 7.2% +₹202.2b | 62.3% | PE25.6x | |
| JAINREC Jain Resource Recycling | ₹407.70 | 6.7% +₹8.8b | n/a | PE53.2x | |
| GRAVITA Gravita India | ₹1.62k | 7.1% +₹7.8b | -17.6% | PE30.9x | |
| 530129 Nile | ₹1.53k | 11.4% +₹468.3m | -1.6% | PE9.9x |
