Vedanta stock price up 0.15 per cent as Sensex slides
Vedanta Ltd. rose 0.15 per cent to Rs 276.5 at 10:50AM 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 358,474 shares with a turnover of Rs 995.0 crore till 10:50AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 11.68, 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 279.0 and a low of Rs 275.8 during the session and quoted a 52-week high price of Rs 340.75 and a 52-week low of Rs 235.9. 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 293.34 on August 01, while the 50-DMA was at Rs 280.79. 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 45.74.
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