VEDANTA share price has plunged 5% and is presently trading at Rs 362.
Meanwhile, the BSE 500 Index is at 24,912 (down 0.9%).
Among the top losers in the BSE 500 Index today are VEDANTA (down 5.3%) and COFORGE (down 6.2%).
SHOPPERS STOP (up 17.6%) and RAIL VIKAS NIGAM (up 7.4%) are among the top gainers today.
Over the last one year, VEDANTA has moved up from Rs 97 to Rs 362, registering a gain of Rs 266 (up 274.6%)..
The BSE 500 has moved up from 15,425 to 24,912, registering a gain of 9,487 points (up 61.5%) during the last 12 months.
The top buzzing stocks among the BSE 500 Index stocks during this same period were ADANI TOTAL GAS (up 669.0%), RELIANCE POWER (up 517.2%) and ADANI TRANSMISSION (up 502.7%).
EV Stocks: A Hidden Way to Tap into the Massive 15x EV Opportunity
The BSE Sensex is at 61,621 (down 1.0%). The top gainers among the BSE Sensex stocks today are KOTAK MAHINDRA BANK (up 4.7%). The most traded stocks in the BSE Sensex are ONGC and KOTAK MAHINDRA BANK.
In the meantime, NSE Nifty is at 18,384 (down 1.0%). KOTAK MAHINDRA BANK (up 4.7%) and BPCL (up 1.9%) are among the top gainers in NSE Nifty.
Over the last 12 months, the BSE Sensex has moved up from 40,432 to 61,621, registering a gain of 21,189 points (up 50.07%).
VEDANTA net profit stood at Rs 53 billion for the quarter ended June 2021, compared to a profit of Rs 42 billion a year ago. Net Sales rose 25.0% to Rs 284.1 billion during the period as against Rs 227.4 billion in April-June 2020.
For the year ended March 2021, VEDANTA reported 417.0% decrease in net profit to Rs 150.3 billion compared to net profit of Rs 47.4 billion during FY20.
Revenue of the company grew 4.2% to Rs 880 billion during FY21.
The current Price to earnings ratio of VEDANTA, based on rolling 12 month earnings, stands at 6.7x.
What else is happening in the markets today? Dig in...
Share markets in India are presently trading on a negative note. The BSE Sensex is trading down by 555 points, down 0.9%, at 60,704 levels.
RAIL VIKAS NIGAM share price is trading up by 6% and its current market price is Rs 34. The BSE CAPITAL GOODS is up by 0.2%. The top gainers in the BSE CAPITAL GOODS Index is RAIL VIKAS NIGAM (up 5.7%). The top losers are V GUARD INDUSTRIES and FINOLEX CABLES (down 0.1%).
Indian share markets open in green. The BSE Sensex opened up by 202 points, while the Nifty is trading higher by 70 points.
SHOPPERS STOP share price is trading up by 12% and its current market price is Rs 318. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are SHOPPERS STOP (up 12.2%) and IRB INFRA (up 18.0%). The top losers are KPR MILL and SBI .
L&T FINANCE HOLDINGS share price is trading down by 5% and its current market price is Rs 90. The BSE 500 is up by 0.1%. The top gainers in the BSE 500 Index are SHOPPERS STOP (up 12.2%) and GMDC (up 4.9%). The top losers are L&T FINANCE HOLDINGS (down 5.1%) and MINDTREE (down 5.0%).
SONATA SOFTWARE share price is trading down by 5% and its current market price is Rs 940. The BSE IT is down by 0.4%. The top gainers in the BSE IT Index are INFOSYS (up 0.2%) and WIPRO (up 0.1%). The top losers is SONATA SOFTWARE (down 5.2%)..
View More Indian Share Market NewsGiven the huge run up in Tata Power, does it make sense to switch to NTPC?
After months of research, I've come across few stocks that excite me far more than the mainstream electric vehicle companies.
These cryptos would have multiplied investors' wealth by as much as 10,000% in just nine months.
To corporatise the defence sector, the Ministry of Defence (MoD) has dissolved the 250-year-old Ordnance Factory Board (OFB).
The excitement around green energy stocks has opened up a huge contrarian opportunity in the traditional energy space.
More
Equitymaster requests your view! Post a comment on "VEDANTA Share Price Down by 5%; BSE 500 Index Down 0.9%". Click here!
Comments are moderated by Equitymaster, in accordance with the Terms of Use, and may not appear
on this article until they have been reviewed and deemed appropriate for posting.
In the meantime, you may want to share this article with your friends!