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Vedanta Ltd in demand

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Capital Market

Vedanta Ltd is quoting at Rs 271.05, up 2.55% on the day as on 12:49 IST on the NSE. The stock is up 245.07% in last one year as compared to a 59.71% gain in NIFTY and a 199.52% gain in the Nifty Metal index.

Vedanta Ltd is up for a third straight session in a row. The stock is quoting at Rs 271.05, up 2.55% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.5% on the day, quoting at 14691.4. The Sensex is at 48933.12, up 0.53%. Vedanta Ltd has added around 14.44% in last one month.

 

Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has added around 17.41% in last one month and is currently quoting at 4970.15, up 2.18% on the day. The volume in the stock stood at 139.12 lakh shares today, compared to the daily average of 198.28 lakh shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 272.1, up 2.2% on the day. Vedanta Ltd is up 245.07% in last one year as compared to a 59.71% gain in NIFTY and a 199.52% gain in the Nifty Metal index.

The PE of the stock is 8.59 based on TTM earnings ending December 20.

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First Published: May 06 2021 | 1:05 PM IST

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