Vedanta stock price down 0.77 per cent as Sensex slides
Vedanta Ltd. fell 0.77 per cent to Rs 255.2 at 11:52AM hours (IST) on Tuesday. Earlier in the day, the stock saw a gap up start to the session.
As per data available on BSE, total traded quantity on the counter stood at 390,264 shares with a turnover of Rs 9.97 crore till 11:52AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 18.24, 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.
The stock hit an intraday high of Rs 258.0 and a low of Rs 253.05 during the session and quoted a 52-week high price of Rs 340.75 and a 52-week low of Rs 207.85.
The stock's beta value, which measures its volatility in relation to the broader market, stood at 1.4.
Technical Indicators
The 200-DMA (day moving average) of the stock stood at Rs 257.43 on January 02, while the 50-DMA was at Rs 240.76.
If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend. If it trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.
The Relative Strength Index (RSI) of the stood at 55.2. The RSI oscillates between zero and 100. Traditionally, a stock is considered overbought when the RSI value stands above 70 and oversold when it is below 30.
