By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
PratapDarpanPratapDarpanPratapDarpan
  • Top News
  • India
  • Buisness
    • Market Insight
  • Entertainment
    • CELEBRITY TRENDS
  • World News
  • LifeStyle
  • Sports
  • Gujarat
  • Tech hub
  • E-paper
Reading: Shares of Vedanta rose 0.31% as Nifty fell
Share
Notification Show More
Font ResizerAa
Font ResizerAa
PratapDarpanPratapDarpan
  • Top News
  • India
  • Buisness
  • Entertainment
  • World News
  • LifeStyle
  • Sports
  • Gujarat
  • Tech hub
  • E-paper
Search
  • Top News
  • India
  • Buisness
    • Market Insight
  • Entertainment
    • CELEBRITY TRENDS
  • World News
  • LifeStyle
  • Sports
  • Gujarat
  • Tech hub
  • E-paper
Have an existing account? Sign In
Follow US
  • Contact Us
  • About Us
  • About Us
  • Privacy Policy
  • Privacy Policy
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
PratapDarpan > Blog > Buisness > Market Insight > Shares of Vedanta rose 0.31% as Nifty fell
Market Insight

Shares of Vedanta rose 0.31% as Nifty fell

PratapDarpan
Last updated: 28 August 2024 10:56
PratapDarpan
10 months ago
Share
Shares of Vedanta rose 0.31% as Nifty fell
SHARE

Shares of Vedanta Ltd rose 0.31 percent at 10:35 am (IST) on Wednesday to Rs. 465.2, while the benchmark BSE Sensex fell 32.54 points to 81679.22.

Rs. As many as 145,213 shares were exchanged over the counter with a total value of Rs 6.77 crore.

Share Rs. 506.85 to its 52-week high and Rs. It quoted a 52-week low of 207.85.

On the technical chart, the stock’s 200-DMA is Rs. 345.89, while the 50-DMA was Rs. was 447.98. If a stock trades above the 50 DMA and 200 DMA, it usually means that the immediate trend is up. On the other hand, if the stock trades below both the 50 DMA and 200 DMA, it is considered a bearish trend and if it trades between the 50DMA and 200DMA, it indicates that the stock can go anywhere.

The company’s shares have gained 95.26 percent in the past one year, while the Sensex has gained 24.04 percent during the same period.

According to BSE data, the stock trades at a price-to-earnings multiple of 34.95 and a price-to-book ratio of 3.29. A high P/E ratio indicates that investors are willing to pay a higher price due to better future growth expectations. Book value represents the underlying value of a company and reflects the price that investors are willing to pay even if the business is not growing. This stock belongs to a diversified industry.

(You can now subscribe to our ETMarkets WhatsApp channel)

You Might Also Like

DLF shares down 1.4% as Sensex falls
Next to the market: 10 items that will determine the stock market action on Friday
Shares of SBI Card fell 0.12% as Sensex rose
BLS International Q4 Results: Pet 70% to Rs. 145 crores, sales increase by 54%
Nifty stocks on sale! 29 Bluchips sink down from a 5-year average PE. The trap of luck or stupid?
Share This Article
Facebook Email Print
Previous Article Paracetamol overdose: how much is too much?
Next Article What makes Glen Powell a rising star ahead of Ryan Gosling, according to this producer? What makes Glen Powell a rising star ahead of Ryan Gosling, according to this producer?
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

© Foxiz News Network. Ruby Design Company. All Rights Reserved.
Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Zero spam, Unsubscribe at any time.
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up