Vedanta shares gain 4.04% as Sensex falls

Shares of Ltd. traded 4.04 per cent up at Rs 265.25 at 10:05AM (IST) on Friday, even as BSE benchmark Sensex dropped 265.65 points to 49500.29. The stock had settled at Rs 254.95 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 265.7 and Rs 77.05, respectively.

As per BSE data, total traded volume on the counter till 10:05AM (IST) stood at 10:05AM shares with turnover at Rs 14.91 crore.

At the prevailing price, shares of the company trades at -13.24 times its trailing 12-month earnings per share of Rs -19.81 per share and 0.44 times its price-to-book value, BSE data showed.

A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.4.

Shareholding Details
Promoters held 55.11 per cent stake in the company as of 16-Apr-2021, while FIIs owned 17.39 per cent and DIIs 10.5 per cent.