Trending stocks: Vedanta shares down 4% as Nifty plunges

NEW DELHI: Shares of Vedanta Ltd. traded -3.92 per cent down in Monday 's trade at 09:33AM . Around 2897768 shares changed hands on the counter. The stock opened at Rs 61.8 and touched an intraday high and low of Rs 61.95 and Rs 60.2 , respectively, in the session so far.

The stock quoted a 52-week high of Rs 246.9 and a 52-week low of Rs 61.95 .

Metals and mining magnate Anil Agarwal has for the first time taken a board position on his flagship Indian firm, Vedanta Ltd, replacing his brother Navin. Agarwal, 66, who turned a tiny scrap metal business into a mining conglomerate, had so far headed the board of London-headquartered Vedanta Resources.


Financials
Vedanta Ltd., incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 23715.71 Crore) operating in Diversified sector.

For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 21126.00 Crore, down -2.82 % from last quarter Sales of Rs 21739.00 Crore and down -10.74 % from last year same quarter Sales of Rs 23669.00 Crore Company has reported net profit after tax of Rs 2665.00 Crore in latest quarter.

Vedanta Ltd. key Products/Revenue Segments include Aluminium which contributed Rs 21000.00 Crore to Sales Value (54.34 % of Total Sales), Oil & Gas which contributed Rs 7104.00 Crore to Sales Value (18.38 % of Total Sales), Copper which contributed Rs 6833.00 Crore to Sales Value (17.68 % of Total Sales), Iron Ore which contributed Rs 2909.00 Crore to Sales Value (7.52 % of Total Sales), Export Incentives which contributed Rs 322.00 Crore to Sales Value (0.83 % of Total Sales), Power which contributed Rs 252.00 Crore to Sales Value (0.65 % of Total Sales), Other Operating Revenue which contributed Rs 137.00 Crore to Sales Value (0.35 % of Total Sales), Scrap which contributed Rs 87.00 Crore to Sales Value (0.22 % of Total Sales)for the year ending 31-Mar-2019.

Promoters holding
Promoters held 50.135063 per cent stake in the company as of Dec 2019 . For the quarter ended Dec 2019 , the company reported a net sales of Rs 21126.0 crore and net profit of Rs 2665.0 crore.

Valuation ratio
It quoted a price-to-earnings ratio of 2.8 and price to book value of 0.31 .