Vedanta Ltd. Sees Robust Trading Activity Amid Institutional Interest and Upgraded Mojo Grade

Strong Value Turnover and Market Liquidity

On 4 February 2026, Vedanta Ltd. (symbol: VEDL) emerged as one of the most actively traded equities by value on the Indian stock exchanges. The total traded volume stood at 31,90,370 shares, translating into a substantial traded value of ₹219.31 crore. This level of liquidity underscores the stock’s appeal to both retail and institutional investors, facilitating sizeable trade executions without significant price impact.

The stock opened at ₹680.00 and touched an intraday high of ₹691.00, marking a 2.27% increase from the previous close of ₹675.65. The last traded price (LTP) was ₹689.55 as of 09:45 IST, indicating sustained buying interest early in the trading session. Notably, the stock’s price remains comfortably above its 20-day, 50-day, 100-day, and 200-day moving averages, signalling a robust medium- to long-term uptrend, although it is slightly below the 5-day moving average, suggesting some short-term consolidation.

Institutional Interest and Delivery Volumes

Despite the strong price performance, delivery volumes on 3 February 2026 fell by 36.75% compared to the five-day average, with 85.93 lakh shares delivered. This decline in delivery volume may indicate a shift towards more intraday trading or profit booking by some investors. However, the overall value turnover and price appreciation suggest that institutional players remain engaged, likely attracted by the company’s fundamentals and sectoral tailwinds.

Vedanta’s market capitalisation stands at a commanding ₹2,69,699.46 crore, categorising it firmly as a large-cap stock. This scale, combined with its liquidity profile—able to support trade sizes of approximately ₹55.36 crore based on 2% of the five-day average traded value—makes it a preferred choice for sizeable institutional allocations.

Performance Relative to Sector and Benchmark

Vedanta’s one-day return of 2.08% on 4 February outpaced the Non-Ferrous Metals sector’s gain of 1.50% and the broader Sensex’s modest rise of 0.23%. This outperformance highlights the stock’s leadership within its industry group and its ability to attract capital even when the broader market shows limited momentum.

Moreover, the stock has recorded gains for three consecutive trading sessions, delivering a cumulative return of 5.13% over this period. This streak reflects sustained buying interest and positive sentiment, potentially driven by favourable commodity prices and operational efficiencies within Vedanta’s portfolio.

Mojo Score Upgrade and Quality Assessment

MarketsMOJO recently upgraded Vedanta Ltd.’s Mojo Grade from 'Hold' to 'Buy' on 13 January 2026, reflecting an improved outlook based on comprehensive fundamental and technical analysis. The stock’s Mojo Score stands at a robust 75.0, indicating strong quality metrics and favourable valuation parameters relative to its peers in the Non-Ferrous Metals sector.

The company holds a Market Cap Grade of 1, denoting its status as a large-cap entity with stable market presence and liquidity. This upgrade aligns with the stock’s recent price momentum and institutional interest, signalling enhanced confidence among analysts and investors alike.

Dividend Yield and Investor Appeal

Vedanta Ltd. offers a high dividend yield of 3.4% at the current price level, which adds to its attractiveness for income-focused investors. This yield is competitive within the metals sector, providing a steady income stream alongside capital appreciation potential. The combination of dividend income and price gains makes Vedanta a compelling proposition for long-term shareholders.

Technical Outlook and Moving Averages

From a technical perspective, Vedanta’s price action remains bullish, supported by its position above key moving averages except the short-term 5-day average. This suggests that while the stock is in a strong uptrend, some short-term profit-taking or consolidation may be underway. Traders should monitor the 5-day moving average closely for signs of renewed momentum or potential pullbacks.

The intraday high of ₹691.00 represents a near-term resistance level, with the stock’s ability to sustain above this mark likely to dictate further upside potential. Conversely, support levels near the 20-day moving average provide a cushion against sharp declines.

Sectoral Context and Commodity Price Influence

The Non-Ferrous Metals sector has been buoyed by rising global commodity prices and improving demand fundamentals, which have positively impacted Vedanta’s operational outlook. The company’s diversified portfolio across aluminium, copper, zinc, and other metals positions it well to capitalise on cyclical upswings in commodity markets.

Investors should remain cognisant of global macroeconomic factors, including trade policies and raw material supply dynamics, which could influence sector performance and, by extension, Vedanta’s stock trajectory.

Investor Takeaway and Outlook

Vedanta Ltd.’s recent trading activity highlights its status as a high-value, liquid stock with strong institutional participation. The upgrade to a 'Buy' Mojo Grade and a solid Mojo Score of 75.0 reinforce the company’s favourable fundamentals and technical positioning. Investors seeking exposure to the Non-Ferrous Metals sector may find Vedanta an attractive option, given its dividend yield, market leadership, and positive price momentum.

However, market participants should remain vigilant to short-term volatility, especially given the recent dip in delivery volumes and the stock’s slight retreat below the 5-day moving average. Monitoring commodity price trends and sectoral developments will be crucial for assessing Vedanta’s ongoing performance.

Overall, Vedanta Ltd. continues to demonstrate resilience and growth potential, making it a key stock to watch in the metals space for both institutional and retail investors.

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