Share price of Vedanta jumps as Sensex gains 78.48 points

economictimes.indiatimes.com:

Vedanta Ltd. gained 0.94 per cent to Rs 426.7 at 10:15AM (IST) in Wednesday's trade. The scrip has hit a high of Rs 428.5 and low of Rs 421.35 so far during the session. The stock had closed at Rs 422.7 in the previous session.
The counter has had a total traded volume of 236125 shares so far with a value of Rs 10.04 crore on the NSE. It traded at a price-to-earnings multiple of 31.99 and a price-to-book ratio of 3.29.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.
The price-to-book value indicates the inherent value of a company and reflects the price investors are willing to pay even for no growth in the business.
The scrip gained 82.31 per cent during the past one year, while the 30-share index advanced 20.03 per cent during the same period.
Vedanta Ltd. belongs to the Diversified industry.
Promotor/FII Holding Promoters held 0.0 per cent stake in the company as of 30-Jun-2024, while overseas investors and domestic institutional investors ownership stood at 12.61 per cent and 6.72 per cent, respectively.
Key Financials The firm reported consolidated sales of Rs 36698.0 crore for the quarter ended 30-Jun-2024, up 1.68 per cent from the previous quarter's Rs 36093.0 crore and up 7.06 per cent from the year-ago quarter's Rs 34279.0 crore.
Profit for the latest quarter stood at Rs 3606.0 crore, up 36.59 per cent from the same quarter a year ago.