Vedanta Share Value: Vedanta share worth up 1.96 per cent

Shares of Vedanta Ltd. traded 1.96 per cent up at Rs 432.3 at round 10:20AM (IST) on Tuesday. The inventory had closed at Rs 424.0 within the earlier session. Equity benchmark Sensex traded 47.47 factors decrease at 57119.27 across the identical time.

The scrip has climbed 98.03 per cent within the final one 12 months until date, whereas the 30-share index has gained 19.26 per cent throughout the identical interval.

The inventory’s 52-week excessive worth stood at Rs 440.75 and the 52-week low worth at Rs 222.65.

Trading quantity on the counter stood at 76,657 shares, whereas it quoted a price-to-earnings ratio of 8.27, an EPS worth of 52.28 and a price-to-book worth of 1.37. In the Nifty50 pack, 35 shares traded within the inexperienced, whereas 14 shares have been within the pink.

Promoter/FII Holding
Promoters held 69.69 per cent stake within the firm as of 31-Dec-2021, whereas overseas institutional traders and MF possession stood at 17.69 per cent and 1.17 per cent, respectively.

Key Financials
For the quarter ended 31-Dec-2021, the corporate reported consolidated gross sales of Rs 34674.0 crore, up 11.59 per cent from the earlier quarter’s Rs 31074.0 crore and up 46.79 per cent from the year-ago quarter’s Rs 23621.0 crore. The firm reported web revenue of Rs 4164.0 crore for the most recent quarter.

Technical Indicators

The MACD signalled a bearish bias on the counter. The MACD is understood for signalling pattern reversals in traded securities or indices. It is the distinction between the 26-day and 12-day exponential shifting averages. A nine-day exponential shifting common, known as the sign line, is plotted on high of the MACD to mirror “buy” or “sell” alternatives. When the MACD crosses beneath the sign line, it provides a bearish sign, indicating that the worth of the safety might even see a downward motion and vice versa.

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