Vedanta declines 0.69% as Sensex slides
Vedanta Ltd. traded at Rs 228.7 on BSE at 11:21AM (IST) on Thursday, down 0.69 per cent from previous close.
The scrip quoted a 52-week low price of Rs 207.85 and a high of Rs 340.75.
Earlier, the stock saw a gap down opening in the morning.
A total of 141,209 lakh shares changed hands on the counter till 11:21AM (IST).
The stock of Vedanta Ltd.
commanded a market value of Rs 85031.09 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 9.67, while the price-to-book value ratio stood at 2.59. Return on equity (ROE) was at 26.82 per cent, according to exchange data.
In the BSE500 pack, 160 stocks traded in the green, while 341 stocks were in the red.
The stock's beta value, which measures volatility in relation to the broader market, stood at 1.4.
Promotor/FII Holding Promoters held 0.0 per cent in Vedanta Ltd.
as of 30-Sep-2023 while overseas and domestic institutional investors owned 7.82 per cent and 0.83 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 274.66 on October 19, while the 50-DMA was at 231.74. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
