Share price of Vedanta jumps as Sensex gains 260.73 points

Share price of Vedanta Ltd. gained 0.06 per cent to Rs 331.15 at 12:46PM (IST) in Monday's trade. The stock hit a high of Rs 334.4 and low of Rs 329.0 so far during the session. The stock had closed at Rs 330.95 in the previous session.

The counter had a total traded volume of 12:46PM shares so far with a turnover of Rs 10.7 crore on BSE. The stock traded at a price-to-earnings multiple of 7.61 and a price-to-book ratio of 2.3.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

The price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Vedanta Ltd. belongs to the Diversified industry.

Promotor/FII Holding
Promoters held 139.38 per cent stake in the company as of 31-Dec-2022, while foreign investors and domestic institutional investors ownership stood at 15.8 per cent and 22.08 per cent, respectively.

Key Financials
The firm reported consolidated sales of Rs 37351.0 crore for the quarter ended 30-Sep-2022, down 5.09 per cent from the previous quarter's Rs 39355.0 crore and down 20.2 per cent from the year-ago quarter's Rs 31074.0 crore.

Its profit for the latest quarter stood at Rs 1808.0 crore, down 60.82 per cent from the same quarter a year ago.