Vedanta shares fall 1.65 per cent in Tuesday's trading session
Vedanta Ltd. fell 1.65 per cent to Rs 277.6 in Tuesday's trade as of 01:59PM (IST) even as the benchmark Nifty ruled at 19465.45, up 109.55 points. The scrip had closed at Rs 282.25 in the previous session.
The stock quoted a 52-week low of Rs 221.55 and a high of Rs 340.75. The company quoted a market-cap of Rs 103412.48 crore on the BSE. On BSE, 522,884 shares have changed hands on the counter so far.
At its prevailing price, the stock traded at 9.78 times its trailing 12-month EPS of Rs 28.45 per share and 2.59 times its book value. The return on equity (ROE) stood at Rs 26.82.Key Financials For the quarter ended 31-Mar-2023, Vedanta Ltd. reported consolidated sales of Rs 38635.0 crore, up 4.45 per cent from the same quarter a year ago.
The company reported 67.56 per cent YoY de-growth in net profit at Rs 1881.0 crore for the latest quarter.Technical indicators The relative strength index (RSI) of the stock stood at Tuesday. The RSI oscillates between zero and 100. Traditionally, it is considered overbought condition when the RSI value is above 70 and oversold when it is below 30.
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