Vedanta Ltd. traded 1.67 per cent at Rs 522.70 at 10:30AM (IST) on Thursday, even as BSE benchmark Sensex 22.19 points to 81503.95. The scrip had settled at Rs 514.10 in the previous session.
The stock quoted a 52-week high and 52-week low of Rs 526.50 and Rs 243.70, respectively.
As per BSE data, total traded volume on the counter till 10:30AM (IST) stood at 10:30AM shares with turnover at Rs 16.92 crore.
At the prevailing price, shares of the company trades at 18.05 times its trailing 12-month earnings per share of Rs 29.00 per share and 3.29 times its price-to-book value, the exchange data showed.
A higher P/E ratio shows investors are willing to pay a higher share price today because of growth expectations in the future. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
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The Beta value of the stock, which measures its volatility in relation to the broader market, stood at 1.3994.
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