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Sunday, June 26, 2022

Vedanta Share Price: Share price of Vedanta falls as Sensex gains 943.82 points

The share price of Ltd. dropped 0.32 per cent to Rs 343.15 at 02:10PM (IST) in Wednesday’s trade. The counter has hit a high of Rs 349.0 and low of Rs 337.1 so far during the session. The stock had closed at Rs 344.25 in the previous session.

The counter has had a total traded volume of 1318425 shares so far with a value of Rs 44.95 crore on the NSE. It traded at a price-to-earnings multiple of 6.88 and a price-to-book ratio of 1.37.

A higher P/E 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 152.02 per cent during the past one year, while the 30-share index advanced 32.91 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-Sep-2021, while foreign investors and domestic institutional investors ownership stood at 8.69 per cent and 3.38 per cent, respectively.

Key Financials

The company reported consolidated net sales of Rs 31074.0 crore for the quarter ended 30-Sep-2021, up 6.6 per cent from the previous quarter’s Rs 29151.0 crore and up 42.91 per cent from the year-ago quarter’s Rs 21744.0 crore.

Profit for the latest quarter stood at Rs 4615.0 crore, up 460.07 per cent from the same quarter a year ago.


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