Vedanta Shares News Today: Vedanta Share Price NSE/BSE
Vedanta Shares traded at Rs 366.65 with the return rate of 8.40% today morning session. Now it has closed at 361.65. Vedanta Shares on NSE starts the day at Rs 347.00 as compared to the previous day close at Rs 338.00. Vedanta Ltd Shares have surged today above 8%. The reason for the rise in Vedanta shares today is that the foreign brokerage firm CLSA has updated the target price of Vedanta shares from Rs 390 to Rs 260. Due to which there has been this surge in shares. Vedanta share hits the new 52-week high record of Rs 366.65.
Summary
Vedanta shares are up by 36.24% in last 1 year, 65.65% up in last 6 months and if we talk about this year then it is up by 33.64% and in last 5 days it has increased by 20.37%. This stock has jumped above 8% in today’s trading session. This is the biggest jump seen in this stock today after financial year 2022.
Financial Metrices of Vedanta Stock
The market capitalization of Vedanta Stock is currently valued at Rs 1.34 trillion. The P/E ratio stands at 28.29, while the sector P/E ratio is 26.74. Company currently offering dividend yield of 30.07%, and the sector’s dividend yield is 2.59%. The PB ratio for Vedanta Stock is 2.54, compared to the sector’s PB ratio of 26.74. The 52-week high for Vedanta Stock is Rs 366.65, and the 52-week low is Rs 208.00. Vedanta Stock is listed on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), having gained significant market capitalization. The total average volume of buying and selling Vedanta Stock for the day was 12.19 million.
Financial History of Vedanta Shares over 5 years
In terms of financial metrics, Vedanta Ltd stock has given the return of 99.84% in last 5 years and the revenue of Vedanta stock has experienced a humble annual growth rate of 8.12%, different from the industry average revenue growth rate of 8.09% while the market share has seen a decrease from 85.57% to 85.43%, it’s worth noting the condition of industry changing. In addition, the net worth income has grown annually at a yearly rate of 0.44%, in contrast to the industry average growth rate of -0.26%.
Vedanta stock’s day range for the present trading session crossed from a low of Rs 345.70 to a high of Rs 368.30. The range given here tells the direction of the stock going up or down on the trading day and provides the awareness regarding irregularity and market undertaking.
In difference, the year range indicates that the wider price range of the stock over the past year, ranging from a low of Rs 208.00 to a high of Rs 368.30. This wider range indicated the stock’s production over a longer period, offering investors an outlook on its price direction and potential irregularity over a more expanded timeframe. These ranges work for as valuable comment on points for investors and traders, assisting in their analysis and decision-making processes regarding the stock.
Vedanta Ltd Shares Comparative Analysis to its peers
It is the peer comparison of Vedanta Ltd Shares to its competitors. This peer comparison is among its PE ratio, PB Ratio and dividend yield.
| Industry Name | PE Ratio | PB Ratio | Dividend Yield |
| Vedanta Ltd | 11.87 | 2.54 | 30.07% |
| NLC India Ltd | 22.92 | 1.81 | 1.52% |
| Mishra Dhatu Nigam Ltd | 50.14 | 6.10 | 0.80% |
| Ashapura Minechem Ltd | 27.09 | 4.82 | – |
About Vedanta Limited
Vedanta is a globally leading Government owned company based on natural resources and technology combination operating all over India, South Africa, Liberia and Namibia. Vedanta is founded in 25 June 1965. Its headquarters is in Mumbai and number of employees are working more than 17,082. Its parent organization is Vedanta Resources. Founder of Vedanta Ltd is Dwarka Prasad Agarwal and CEO are Sunil Duggal.
Vedanta is diversified in natural resources which are Oil & Gas, Ferro Alloys, Power, Nickel, Semiconductor, Glass, Zinc-Lead-Silver, mining’s, Iron Ore, Steel, Aluminium, metals and Copper. Core purpose of Vedanta Ltd is to become the world’s leading company for its shareholders through research, discovery, investment, supportable development and operation of natural resources in a wide- range.
Vedanta share price target
Vedanta Limited is a multinational government company primarily operates in metals and minings. Vedanta share price target depends upon various factors like financial performance of the company, its market value, future growth plans, market changes and global product prices.
Vedanta share price target 2024
Vedanta share price target for 2024 could be predicted as maximum target price of Rs 650.00 and minimum target price of Rs 375.00. It is just prediction which is calculated among mentioned factors, but this price can be up and down.
Vedanta share price target 2025
Vedanta share price target for 2025 could be predicted as maximum target price of Rs 790.00 and minimum target price of Rs 510.00. If the market remains in the favour of Vedanta then this price could be increase for future depend upon its financial conditions and market value.
Vedanta share price target 2026
Vedanta share price target for 2026 could be predicted as maximum target price of Rs 840.00 and minimum target price of Rs 550.00. This share price target is offering an opportunity to its investors to earn good return on their investments.
Vedanta share price target 2030
Vedanta share price target for 2030 could be predicted as maximum target price of Rs 2010.00 and minimum target price of Rs 1315.00. But before making any financial investment consult with your financial advisor.
Vedanta share news today
Vedanta share price surge above 8% in morning trading session after foreign brokerage CLSA update the ratings to ‘Buy’. Now it is traded at Rs 361.65.
People also ask
What is the target price for Vedanta?
Vedanta share price target for 2024 could be predicted as maximum target price of Rs 650.00 and minimum target price of Rs 375.00, for 2025 could be predicted as maximum target price of Rs 790.00 and minimum target price of Rs 510.00, for 2026 could be predicted as maximum target price of Rs 840.00 and minimum target price of Rs 550.00 and for 2030 could be predicted as maximum target price of Rs 2010.00 and minimum target price of Rs 1315.00.
Is Vedanta debt free?
Vedanta group’s debt is divided in to two parts: one is Vedanta Resources have debt amount of 800 crore and another is Vedanta Ltd debt amount of 700 crore plus.
Is Vedanta a good company to invest?
Vedanta stock’s TTM PE Ratio is of 26.43 and sector PE is 26.74 and PB Ratio is of 2.54. 12 analysts have given the recommendation for the investors to buy Vedanta stock.
Is Vedanta a government company?
Yes, Vedanta Ltd is a Government based metals and mining company.
Is Vedanta dividends credited?
Yes, Vedanta has maintained its dividend pay-out of 159%. At present it is providing the dividend yield of 27.7% to its shareholders.
Is Vedanta undervalued?
Vedanta share seems to be overvalued as compared to the market average value.
Is Vedanta in nifty 50?
Vedanta has released from nifty 50 index from July 31, 2020 because of its proposed optional dealing.
Is Vedanta Indian company?
Yes, Vedanta is an Indian company based on iron, ore, zinc, oil and gas, metals and mining’s.
Disclaimer: The information provided is for informational purposes only and does not represent financial advice or guidance. Investing in the stock market involves essential risks, and individuals should conduct thorough research or seek professional guidance before making any investment decisions. The content reflects the market situation at the time of writing and is subject to change. The author and platform do not guarantee the accuracy or completeness of the information and shall not be responsible for any losses or damages occurs from actions taken based on the provided information.
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