Vedanta rises 1.54% as Sensex climbs
Vedanta Ltd. traded at Rs 232.6 on BSE at 10:25AM (IST) on Friday, up 1.54 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 up opening in the morning.
A total of 210,118 lakh shares changed hands on the counter till 10:25AM (IST).
The stock of Vedanta Ltd.
commanded a market value of Rs 86610.91 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 9.85, 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, 399 stocks traded in the green, while 102 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 foreign 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 270.01 on November 03, while the 50-DMA was at 228.26. If a stock trades below 50-DMA and 200-DMA, it usually means the immediate trend is upward.
