Vedanta shares gain 0.23% as Sensex falls

Shares of Vedanta Ltd. traded 0.23 per cent up at Rs 279.25 at 10:57AM (IST) on Friday, even as BSE benchmark Sensex dropped 109.32 points to 61322.42. The stock had closed at Rs 278.6 in the previous session.

The stock quoted a 52-week high and 52-week low of Rs 340.75 and Rs 206.1, respectively.

As per BSE data, total traded volume on the counter till 10:57AM (IST) stood at 10:57AM shares with turnover at Rs 10.29 crore.

At the prevailing price, shares of the company trades at 9.82 times its trailing 12-month EPS of Rs 28.45 per share and 2.59 times its price-to-book value, the exchange 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 69.69 per cent stake in the company as of 31-Dec-2022, while FIIs owned 7.9 per cent and DIIs 11.04 per cent.