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    Share price of Vedanta as Nifty strengthens

    Synopsis

    A total of 393,664 shares changed hands on the counter till 01:37PM (IST).

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    Agarwal said the global economy is showing clear signs of recovery. The second wave of Covid-19 is ebbing in India with total active cases at less than 20 per cent of May highs.
    Shares of Vedanta Ltd. 0.0 per cent to Rs 277.9 in Tuesday's trade as of 01:37PM (IST).

    The stock hit a high price of Rs 279.2 and low of Rs 277.2 during the session.

    The return on equity (ROE) for the stock stood at 26.82 per cent. Traded volume on the counter stood at 01:37PM shares and turnover at Rs 10.94 crore around that time.

    The stock of Vedanta Ltd. quoted a 52-week high and 52-week low prices of Rs 340.75 and Rs 206.1, 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 69.69 per cent stake in the company as of 31-Dec-2022, while foreign investors held 7.9 per cent and domestic institutional investors had 11.04 per cent.

    Key Financials
    The company reported consolidated sales of Rs 38635.0 crore for the quarter ended 31-Mar-2023, up 10.96 per cent from previous quarter's Rs 34818.0 crore and up 4.45 per cent from the year-ago quarter's Rs 40433.0 crore.

    Net profit after tax for the latest quarter stood at Rs 1881.0 crore, down 67.56 per cent from the same quarter a year ago.
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