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.
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.
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.
Business News Governmental News Finance News
Need Your Help Today. Your $1 can change life.