Vedanta stock price up 0.6 per cent as Sensex climbs

Shares of Vedanta Ltd. rose 0.6 per cent to Rs 457.85 at 11:06AM hours (IST) on Thursday. 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 232,806 shares with a turnover of Rs 10.68 crore till 11:06AM (IST). The stock traded at a price-to-earnings (P/E) multiple of 34.46, while the price-to-book value ratio stood at 3.29.

Return on equity (ROE) was at 13.79 per cent, according to exchange data. The stock hit an intraday high of Rs 461.6 and a low of Rs 457.2 during the session and quoted a 52-week high price of Rs 506.85 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 341.34 on August 22, while the 50-DMA was at Rs 446.63. 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 59.09. 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.

Promoter holding

As of 30-Jun-2024, promoters held 59.32 per cent stake in the company, while foreign institutional investors held 10.22 per cent and domestic institutional investors had 14.78 per cent.