Vedanta Share Price: Vedanta share price up 0.87 per cent

Shares of Ltd. traded 0.87 per cent up at Rs 271.6 at around 11:53AM (IST) on Monday. The stock had closed at Rs 269.25 in the previous session. Equity benchmark Sensex traded 195.48 points higher at 55524.8 around the same time.

The scrip has climbed 107.46 per cent in the last one year till date, while the 30-share index has gained 46.6 per cent during the same period.

The stock’s 52-week high price stood at Rs 341.25 and the 52-week low price at Rs 91.25.

Trading volume on the counter stood at 1,886,245 shares, while it quoted a price-to-earnings ratio of 6.82, an EPS value of 39.76 and a price-to-book value of 1.37. In the Nifty50 pack, 21 stocks traded in the green, while 29 stocks were in the red.

Promoter/FII Holding
Promoters held 65.18 per cent stake in the company as of 30-Jun-2021, while foreign institutional investors and MF ownership stood at 11.39 per cent and 3.05 per cent, respectively.

Key Financials
For the quarter ended 30-Jun-2021, the company reported consolidated sales of Rs 29151.0 crore, up 0.3 per cent from the previous quarter’s Rs 29065.0 crore and up 71.5 per cent from the year-ago quarter’s Rs 16998.0 crore. The company reported net profit of Rs 4224.0 crore for the latest quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is known for signalling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages. A nine-day exponential moving average, called the signal line, is plotted on top of the MACD to reflect “buy” or “sell” opportunities. When the MACD crosses below the signal line, it gives a bearish signal, indicating that the price of the security may see a downward movement and vice versa.

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