Vedanta's share price rose as much as 4 per cent on Tuesday. (File Photo) Vedanta shares gained sharply on Tuesday after the mining and metals major announced that its board will consider declaring an interim dividend for the financial year 2026-27. The stock climbed nearly 4 per cent during the session as investors reacted to the potential payout. The proposed dividend decision comes shortly after the company released its second-quarter production update, which showed strong operational performance across several key businesses. Vedanta has scheduled a board meeting for Thursday, October 8, to consider and approve the first interim dividend for FY27, subject to the board’s decision. The company has also fixed Wednesday, October 14, as the record date. This date will determine which shareholders are eligible to receive the dividend if it is declared. Strong Q2 Production Performance Adds To Investor Focus The dividend-related announcement follows Vedanta’s production update for the quarter ended September 30, 2026. On October 3, the company reported strong production numbers across multiple businesses. Zinc India delivered its strongest-ever second-quarter and first-half refined metal production, while its mined metal output also reached a record for the first half of the year. First-half mined metal production at Zinc India stood at 539 kilotonnes (KT), marking a 3 per cent increase from the year-ago period. Refined metal output for the first half rose 6 per cent year-on-year to a record 524 KT. For the September quarter, mined metal production came in at 271 KT. Refined metal production increased 7 per cent year-on-year to 264 KT, helped by additional capacity created through debottlenecking projects at Chanderiya and Dariba and the 160 KTPA roaster at Debari. Silver, Chrome And Ferrochrome Output Also Improves Vedanta’s production gains were not limited to zinc. The company also reported a 20 per cent year-on-year increase in saleable silver production, which reached 173 metric tonnes during the period. The output was in line with the company’s stated production targets. Other parts of the portfolio also recorded strong operating numbers. Vedanta reported its highest-ever second-quarter as well as first-half chrome ore production. Ferrochrome production increased 26 per cent year-on-year to 24 KT. The company’s Port Business also recorded its highest-ever first-half cargo handling, adding another positive operational indicator to the latest update. She is working as a Chief Copy Editor at Times Now’s Business Desk, where she covers key developments in the stock market, Indian corporates across se... View More