The counter has had a total traded volume of 150670 shares so far with a value of Rs 4.19 crore on the NSE. It traded at a price-to-earnings multiple of 9.79 and a price-to-book ratio of 2.59.
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 declined 2.98 per cent during the past one year, while the 30-share index advanced 14.43 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 31-Dec-2022, while foreign investors and domestic institutional investors ownership stood at 7.89 per cent and 0.45 per cent, respectively.
The company reported consolidated sales of Rs 38635.0 crore for the quarter ended 31-Mar-2023, up 10.96 per cent from the previous quarter’s Rs 34818.0 crore and up 4.45 per cent from the year-ago quarter’s Rs 40433.0 crore.
Profit for the latest quarter stood at Rs 1881.0 crore, down 67.56 per cent from the same quarter a year ago.