Share price of Vedanta as Sensex gains 12.38 points

The share price of Vedanta Ltd. 0.0 per cent to Rs 377.85 at 10:51AM (IST) in Friday's trade. The stock has hit a high of Rs 385.2 and low of Rs 377.0 so far during the session. The stock had closed at Rs 377.85 in the previous session.

The counter has had a total traded volume of 209803 shares so far with a value of Rs 8.01 crore on the NSE. It traded at a price-to-earnings multiple of 7.24 and a price-to-book ratio of 1.37.

A higher P/E ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.

The scrip gained 66.82 per cent during the past one year, while the 30-share index advanced 12.99 per cent during the same period.

Vedanta Ltd. belongs to the Diversified industry.

Promotor/FII Holding
Promoters held 0.0 per cent stake in the company as of 31-Dec-2021, while overseas investors and domestic institutional investors ownership stood at 8.67 per cent and 1.17 per cent, respectively.

Key Financials
The firm reported consolidated net sales of Rs 34674.0 crore for the quarter ended 31-Dec-2021, up 11.59 per cent from the previous quarter's Rs 31074.0 crore and up 46.79 per cent from the year-ago quarter's Rs 23621.0 crore.

Profit for the latest quarter stood at Rs 4164.0 crore, up 26.22 per cent from the same quarter a year ago.