Vedanta Stock Price: Share price of Vedanta falls as Nifty strengthens

Shares of Ltd. slipped 1.05 per cent to Rs 235.05 in Friday’s trade as of 11:55AM (IST).

The stock hit a high price of Rs 241.35 and low of Rs 234.8 during the session.

The return on equity (ROE) for the stock stood at -12.19 per cent. Traded volume on the counter stood at 11:55AM shares and turnover at Rs 5.53 crore around that time.

The stock of Vedanta Ltd. quoted a 52-week high and 52-week low prices of Rs 244.9 and Rs 65.25, respectively.

The Beta value of the counter, which measures its volatility in relation to the broader market, stood at 1.4.

Promotor/FII Holding

Promoters held 55.11 per cent stake in the company as of 31-Dec-2020, while FIIs held 17.34 per cent and domestic institutional investors had 11.92 per cent.

Key Financials

The company reported consolidated sales of Rs 23621.0 crore for the quarter ended 31-Dec-2020, up 8.63 per cent from previous quarter’s Rs 21744.0 crore and up 7.33 per cent from the year-ago quarter’s Rs 22007.0 crore.

Net profit after tax for the latest quarter stood at Rs 3299.0 crore, up 40.5 per cent from the same quarter a year ago.

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