Vedanta Share Price: Share price of Vedanta jumps as Sensex gains 187.93 points

The share price of Ltd. gained 0.82 per cent to Rs 308.15 at 01:31PM (IST) in Friday’s trade. The counter has hit a high of Rs 310.65 and low of Rs 303.15 so far during the session. The stock had closed at Rs 305.65 in the previous session.

The counter has had a total traded volume of 511899 shares so far with a value of Rs 15.68 crore on the NSE. It traded at a price-to-earnings multiple of 7.76 and a price-to-book ratio of 1.37.

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 140.05 per cent during the past one year, while the 30-share index advanced 49.19 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 30-Jun-2021, while foreign investors and domestic institutional investors ownership stood at 10.29 per cent and 3.05 per cent, respectively.

Key Financials

The company reported consolidated sales of Rs 29151.0 crore for the quarter ended 30-Jun-2021, 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.

Profit for the latest quarter stood at Rs 4224.0 crore, up 308.91 per cent from the same quarter a year ago.

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