Vedanta shares rise 0.46% as Sensex slides

Vedanta shares rise 0.46% as Sensex slides
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A total of 446,827 shares changed hands on the counter till 12:18PM (IST)

Reuters
Investors should therefore use dips towards 15,200-15,400 to their advantage to accumulate quality largecaps and midcaps.
Shares of the Ltd. traded at Rs 350.1 on BSE at 12:18PM (IST) on Friday, up 0.46 per cent from previous close.

The stock quoted a 52-week low price of Rs 130.0 and a high of Rs 385.75.

Earlier, the stock saw a gap down opening in the morning.

A total of 446,827 lakh shares changed hands on the counter till 12:18PM (IST).

The stock of Vedanta Ltd. commands a market value of Rs 130250.57 crore.

The stock traded at a price-to-earning (P/E) multiple of 7.01, while the price-to-book value ratio stood at 1.37. Return on equity (ROE) was at 18.62 per cent, according to exchange data.

In the BSE500 pack, 294 stocks traded in the green, while 206 stocks were in the red.

Promotor Holding
Promoters held 65.18 per cent in the Vedanta Ltd. as of 30-Sep-2021 while foreign portfolio investors and domestic institutional investors owned 16.57 per cent and 4.04 per cent, respectively.

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