Share price of Vedanta rises as Nifty strengthens
A total of 370,914 shares changed hands on the counter till 10:55AM (IST).
Shares of . gained 0.93 per cent to Rs 400.35 in Monday's trade as of 10:55AM (IST).The stock hit a high price of Rs 404.2 and low of Rs 397.85 during the session.
The return on equity (ROE) for the stock stood at 13.79 per cent. Traded volume on the counter stood at 10:55AM shares and turnover at Rs 14.88 crore around that time.
The stock of . quoted a 52-week high and 52-week low prices of Rs 404.2 and Rs 207.85, 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 61.95 per cent stake in the company as of 31-Mar-2024, while foreign investors held 8.77 per cent and domestic institutional investors had 13.15 per cent.
Key Financials
The company reported consolidated sales of Rs 36093.0 crore for the quarter ended 31-Mar-2024, down 0.63 per cent from previous quarter's Rs 36320.0 crore and down 6.58 per cent from the year-ago quarter's Rs 38635.0 crore.
Net profit after tax for the latest quarter stood at Rs 1369.0 crore, down 27.22 per cent from the same quarter a year ago.
Source: Stocks-Markets-Economic Times
