Stock market news: Vedanta shares trade flat in early trade

Stock market news: Vedanta shares trade flat in early trade
ETMarkets.com
Share
Font Size
Save
Comment
Synopsis

Shares of Vedanta Ltd. traded 0.14 per cent up in trade at 11:50AM on Monday.

The stock quoted a 52-week high of Rs 180 and a 52-week low of Rs 60.2.

Related Companies

NSE
BSE

PEER COMPANIES

NEW DELHI: Shares of Vedanta Ltd. traded 0.14 per cent up in Monday's trade at 11:50AM (IST). Around 2155077 shares changed hands on the counter. The stock opened at Rs 105 and touched an intraday high and low of Rs 106.9 and Rs 103.7, respectively, in the session so far.

The stock quoted a 52-week high of Rs 180 and a 52-week low of Rs 60.2.

The company on Saturday said its board has approved the first interim dividend of Rs 9.50 per equity share for the current fiscal amounting to Rs 3,500 crore. The announcement has come days after the failed delisting offer of the metal to mining conglomerate.

Financials
Vedanta Ltd., incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 38844.70 Crore) operating in Diversified sector.

For the quarter ended 30-06-2020, the company has reported a Consolidated sales of Rs 15687 Crore, down 19.61 per cent from last quarter Sales of Rs 19513 Crore and down 25.89 per cent from last year same quarter Sales of Rs 21167 Crore. Company has reported net profit after tax of Rs 1522. Crore in latest quarter.

Vedanta Ltd. key Products/Revenue Segments include Aluminium which contributed Rs 19022 Crore to Sales Value (53.04 per cent of Total Sales), Oil & Gas which contributed Rs 6756 Crore to Sales Value (18.84 per cent of Total Sales), Copper which contributed Rs 5972 Crore to Sales Value (16.65 per cent of Total Sales), Iron Ore which contributed Rs 3463 Crore to Sales Value (9.65 per cent of Total Sales), Export Incentives which contributed Rs 291 Crore to Sales Value (0.81 per cent of Total Sales), Power which contributed Rs 204 Crore to Sales Value (0.56 per cent of Total Sales), Scrap which contributed Rs 76 Crore to Sales Value (0.21 per cent of Total Sales), Other Operating Revenue which contributed Rs 74 Crore to Sales Value (0.20 per cent of Total Sales) for the year ending 31-Mar-2020.

Valuation ratio
It quoted a price-to-earnings ratio of -5.58 and price to book value of 0.44.

Read More News on

(What's moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.)

Download The Economic Times News App to get Daily Market Updates & Live Business News.