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Vedanta Ltd drops for fifth straight session

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Capital Market

The stock is quoting at Rs 247.7, down 0.22% on the day as on 13:29 IST on the NSE. Vedanta Ltd jumped 7.98% in last one year as compared to a 10.19% rally in NIFTY and a 23.17% spurt in the Nifty Metal index.

Vedanta Ltd fell for a fifth straight session today. The stock is quoting at 247.7, down 0.22% on the day as on 13:29 IST on the NSE. The benchmark NIFTY is down around 0.33% on the day, quoting at 10660.7. The Sensex is at 35141.4, down 0.24%.Vedanta Ltd has eased around 13.22% in last one month.Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has eased around 3.16% in last one month and is currently quoting at 3568.4, up 0.3% on the day. The volume in the stock stood at 87.13 lakh shares today, compared to the daily average of 143.57 lakh shares in last one month.

 

The benchmark June futures contract for the stock is quoting at Rs 248.15, down 0.5% on the day. Vedanta Ltd jumped 7.98% in last one year as compared to a 10.19% rally in NIFTY and a 23.17% spurt in the Nifty Metal index.

The PE of the stock is 30.72 based on TTM earnings ending March 18.

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First Published: Jun 04 2018 | 1:35 PM IST

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