Vedanta Ltd., incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 100959.06 Crore) operating in Diversified sector.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 29151.00 Crore, up .30 % from last quarter Total Income of Rs 29065.00 Crore and up 71.50 % from last year same quarter Total Income of Rs 16998.00 Crore. Company reported net profit after tax of Rs 5282.00 Crore in latest quarter.
Investment Rationale
With commodity prices expected to stay high in the near term, the earnings outlook remains strong. However, the brokerage maintains Neutral on the valuation.
Promoter/FII Holdings
Promoters held 65.2 per cent stake in the company as of June 30, 2021, while FIIs held 10.6 per cent, DIIs 10.6 per cent and public and others 13.6 per cent.
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