Vedanta stock price: Vedanta stock drops 0.41% as Nifty gains
The script opened at Rs 305.0 and hit an intraday high and low of Rs 307.0 and Rs 300.05, respectively, during the session so far. The action of Vedanta Ltd. Quoted a 52 week high of Rs 341.25 and a 52 week low of Rs 91.25.
According to the BSE, the total market capitalization of Vedanta Ltd. stood at Rs 111,850.45 crore at the time of writing.
Key financial data
The company said consolidated sales of Rs 29,151.0 crore for the quarter ended June 30, 2021, up 0.3% from Rs 29,065.0 crore in the previous quarter and up 71.5% from Rs 16,998 .0 crore from the quarter of the previous year.
Net profit for the last quarter stood at Rs 4,224.0 crore, up 308.91% from the corresponding quarter last year.
As of June 30, 2021, domestic institutional investors held 3.05% of the company’s capital, while foreign institutional investors held 10.29% and promoters 0.0%.
According to BSE data, the stock traded at a P / E multiple of 7.57 and a price to book ratio of 1.37. A higher P / E ratio shows that investors are willing to pay a higher price because of better expectations of future growth. Book value indicates the intrinsic value of a business and measures the price investors are willing to pay even when the business does not grow.
Vedanta Ltd. belongs to the diverse industry.