Vedanta Stock Price: Share price of Vedanta jumps as Sensex gains 415.56 points

The share price of Ltd. gained 2.76 per cent to Rs 243.45 at 10:15AM (IST) in Thursday’s trade. The stock has hit a high of Rs 244.9 and low of Rs 239.0 so far during the session. The stock had closed at Rs 236.9 in the previous session.

The counter has had a total traded volume of 1350048 shares so far with a value of Rs 32.22 crore on the NSE. It traded at a price-to-earnings multiple of -12.27 and a price-to-book ratio of 0.44.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 246.3 per cent during the past one year, while the 30-share index advanced 81.49 per cent during the same period.

Vedanta Ltd. belongs to the Diversified industry.


Promotor/FII Holding

Promoters held 0.0 per cent stake in the company as of 31-Dec-2020, while foreign investors and domestic institutional investors ownership stood at 16.06 per cent and 5.56 per cent, respectively.

Key Financials

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

Profit 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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