Share price of Vedanta falls as Nifty strengthens

Share price of Vedanta falls as Nifty strengthens
ETMarkets.com
Rate Story
Share
Font Size
Save
Comment
Synopsis

A total of 1,235,858 shares changed hands on the counter till 02:12PM (IST).

Getty Images
MACD is known for signaling trend reversals in traded securities or indices. It is the difference between the 26-day and 12-day exponential moving averages.
Shares of Ltd. slipped 0.77 per cent to Rs 352.4 in Wednesday's trade as of 02:12PM (IST).

The stock hit a high price of Rs 353.25 and low of Rs 340.55 during the session.

The return on equity (ROE) for the stock stood at 18.62 per cent. Traded volume on the counter stood at 02:12PM shares and turnover at Rs 42.91 crore around that time.

The stock of Vedanta Ltd. quoted a 52-week high and 52-week low prices of Rs 385.75 and Rs 112.8, respectively.

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

Promotor/FII Holding
Promoters held 65.18 per cent stake in the company as of 30-Sep-2021, while foreign investors held 16.57 per cent and domestic institutional investors had 4.04 per cent.

Key Financials
The company reported consolidated sales of Rs 31074.0 crore for the quarter ended 30-Sep-2021, up 6.6 per cent from previous quarter's Rs 29151.0 crore and up 42.91 per cent from the year-ago quarter's Rs 21744.0 crore.

Net profit after tax for the latest quarter stood at Rs 4615.0 crore, up 460.07 per cent from the same quarter a year ago.

Pick the best companies to invest

BECOME AN ETPRIME MEMBER

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.

ETPrime stories of the day

Read before you invest. Insights on Vedanta Ltd.. Explore Now