Vedanta

Vedanta

VEDL

 ₹ 507.71
 ₹ 16.04
3.26%
Non - Ferrous Metals
 ₹ 0.00
(%)1D
Updated: 11 Dec 2024, 03:19:29 pm IST
Stock Score
Open Price
 ₹ 487.60
Prev. Close
 ₹ 491.67
 ₹ 486.02
Day Low
 ₹ 517.50
Day High

 ₹ 207.34
52 Week Low
 ₹ 564.53
52 Week High

Quick Bite

Price To Earnings Ratio

44.54

Sector PE

40.56

PB Ratio

6.19

Sector PB

7.36

EPS

11.40

Dividend Yield

10.86

Today's Volume

25.577 M

5 Day Avg. Volume

15.588 M

PEG Ratio

-0.74

Market Cap.

₹ 2,00,000.00 Cr.

Returns Comparison

TimeVEDLVSIndustry
1 Day3.88%1.45%
1 Week10.79%3.92%
1 Month13.23%5.8%
6 Months2.93%-17.85%
1 Year136.16%65.47%

StockGro Trade Views 👍

StockGro Trade Views 👍

Technical Trend

Bullish
academy home
Bearish
Neutral
Bullish

Pivot Levels

R3 ₹ 549.11
R2 ₹ 533.71
R1 ₹ 522.23
RESISTANCE
 ₹ 506.83
SUPPORT
S1 ₹ 495.35
S2 ₹ 479.95
S3 ₹ 468.47

Updated: 22 Jul 2024,09:18:33 am IST

Moving Averages

Strong Sell
Sell
Neutral
Buy
Strong Buy
Sell
0
Buy
6
Period (Days)SMAIndication
10471.59Bullish
20453.92Bullish
30454.95Bullish
50464.65Bullish
100458.82Bullish
200434.46Bullish

Updated: 11 Dec 2024, 03:14:46 pm IST

Analyst Rankings 👍

Analyst Rankings 👍

Shareholding Updates

PromotersDIIPublicFIIOthers
56.38%
Promoters
Sep 2024
Promoters  56.38%
FII  11.45%
DII  16.35%
Public  15.82%
Others  0%

Mutual Fund Ownership 👍

Mutual Fund Ownership 👍

Cash Flow

AnnualFY 2024FY 2023FY 2022
Operating Activities35654.0033065.0034963.00
Investing Activities-13686.00-693.00-2253.00
Financing Activities-26092.00-34142.00-28903.00
Net Cash Flow-4124.00-1770.003807.00

All Figures in ₹ Cr., unless mentioned otherwise

Ratios

Return on Equity (%)

Income Statement

All Figures in ₹ Cr., unless mentioned otherwise

Balance Sheet

All Figures in ₹ Cr., unless mentioned otherwise

Peer Comparison

Name1D (%)1W (%)1M (%)6M (%)1Y (%)
Vedanta3.8810.7913.232.93136.16
Hindalco Industries0.551.083.48-10.4923.12
Hindustan Copper-0.532.835.39-28.4846.87
National Aluminium Co.-0.592.114.7617.52148.19
Hindustan Zinc1.90.971.09-35.3855.74
Returns as on 11 Dec, 2024

About Vedanta

Vedanta Limited is an India-based natural resources company, which is primarily engaged in exploring, extracting, and processing minerals, and oil and gas. The Company operates through five segments: oil and gas, aluminum, copper, iron ore, and power. The Company has operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminum, power and glass substrate. The Company's product portfolio includes aluminum ingots, primary foundry alloys, wire rods, billets and rolled products, which are supplied to various industries, such as power, transportation, construction and packaging, renewable, automobile and aerospace. It produces iron ore and pig iron, and supplies to steelmaking, construction and infrastructure sectors. It produces a range of copper products, including copper rods and copper cathodes. Its crude oil is sold to public and private refineries and its natural gas is consumed by the fertilizer industry and the city gas distribution sector in India.

Vedanta Share Price

Vedanta Ltd. Fundamental Analysis

It is the aim of this article to go over Vedanta Ltd. and understand more about its business model as well as industry to determine if it would suit your investment.

Vedanta Limited

Vedanta Limited is an Indian mining multinational corporation located in Mumbai. It is one of the top natural resources firms globally, and a subsidiary of Vedanta Resources Limited.

The company has significant operations in various countries including India, South Africa, Namibia, Liberia, UAE, Korea, Taiwan, and Japan. Its main operations are in iron ore, gold, and aluminum mines in Goa, Karnataka, Rajasthan, and Odisha.

The company’s journey has been synonymous with India’s growth story as a leading natural resources and technology conglomerate, focused on operational excellence benchmarked to global standards. It has a diversified portfolio with notable operations in Oil & Gas (E&P), Zinc, Lead, Silver, Copper, Iron Ore, Steel, Nickel Aluminium Power & Glass Substrate.

Additionally, Vedanta Limited is venturing into semiconductors as well as display glass.

Is the Mining sector a goldmine investment?

Investing in mining companies in India can be a good choice considering the country’s abundant mineral resources, including bauxite, chromite, and iron ore, which fuel various industries and propel economic growth. The mining industry contributes significantly to India’s GDP and foreign exchange earnings. Private companies, which are market leaders in their respective manufacturing industries, own the majority of India’s mines. Foreign parties can invest up to 100 percent in these companies’ equity under the Indian FDI policy.

Among the mining companies, Vedanta Limited stands out as a good choice for investment. The company continues to focus on cost optimization initiatives, disciplined capital investments, and safe operations across businesses. Vedanta’s commitment to providing essential raw materials for various end-use industries, its adoption of digital and operational practices, and its contribution to the nation’s growth make it a promising investment.

Who are Vedanta Limited’s competitors in the Building Materials Sector?

Vedanta Limited is one of the companies in a sector called Building Materials and operates in an environment with competition from many other firms. Some of its main rivals are:

  • 3M India Ltd.
  • Adani Enterprises Ltd.
  • Grasim Industries Ltd.
  • Pidilite Industries Ltd.
  • Reliance Industries Ltd.

History of Vedanta Limited

Vedanta Limited is an Indian multinational mining company with a rich history:

  • Incorporation: Vedanta, initially known as Sterlite Industries, was founded in the 1980s by D.P. Agarwal in Mumbai. It was incorporated on June 25, 1965.
  • Product Range: Vedanta’s product portfolio is diverse, including zinc, lead, oil and gas, iron ore, aluminum, copper, gold, silver, and more.
  • Infrastructure: Vedanta operates across India, South Africa, Liberia, and Namibia, with interests in oil & gas, zinc-lead-silver, aluminum, iron ore, steel, copper, ferro alloys, power, nickel, semiconductor, and glass.
  • Certifications: Vedanta’s products are certified by the Bureau of Indian Standards (BIS). It has also received the Environmental Product Declaration (EPD) International verification.
  • Awards and Recognition: Vedanta has been recognized for its excellence in various fields. It has received the Golden Peacock Global Award, Kincentric Best Employer Award, and has been recognized as a Great Place to Work.

Vedanta Limited continues to contribute significantly to India’s growth and the global natural resources industry.

Company Profile of Vedanta Limited

Pros:

  • Strong Operational Performance: Vedanta had a strong operational and financial performance in FY 2024..
  • Diverse Assets: Vedanta continues to promote structurally low-cost and diverse assets with excellent potential, which fuel its growth ambitions.
  • High Dividend Stock: The company’s EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization, and taxes. This makes Vedanta a major interest to investors in search of a high dividend stock.

Cons:

  • Debt Concerns: Vedanta Resources Limited, the group’s London-based entity, has a huge pile of debt, including $500 million of loan repayments due on December 31, 2023, and a $1 billion bond due in January 2024. Approximately $4 billion in payments are due from the company over the course of the next fiscal year, ending in 2025
  • Demerger Plans: Vedanta announced plans for a demerger into six different entities. While this move is intended to unlock significant shareholder value, it does not resolve the concerns around the massive debt of the company.
  • Rating Watch with Negative Implications: Vedanta Limited’s long-term bank facilities and debt instruments have been put on ‘Rating Watch with Negative Implications’ by CRISIL Ratings.

The Finances

Here’s a summary of Vedanta Limited’s financial information as of May 2024:

Metric

Value

Market cap

Rs. 1,66,921 Cr

Book value

Rs. 82.6 (Per share)

Dividend Yield

6.58 %

ROCE

23.4 %

ROE

10.4 %

Face Value

Rs. 1.00

Shareholding pattern of Vedanta Limited

The shareholding pattern of Vedanta Limited are as follows:

Peer Multiple Comparison

Vedanta Limited operates in a competitive industry with several key players. Let’s compare Vedanta Ltd. with some of it competitors:

Metric

3M India Ltd.

Adani Enterprises Ltd.

Grasim Industries Ltd.

P/E Ratio

65.65

112.36

28.38

P/B Ratio

17.84

8.24

1.15

Dividend Yield (Avg.)

0.00%

0.04

0.43

Vedanta FAQs

How to Buy Vedanta Share?

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To purchase Vedanta shares, you can open a Demat & Trading account through a broker or financial institution. Once your account is set up and funded, search for Vedanta (ticker symbol: VEDL) on the trading platform provided by your broker and purchase the shares.

What's Vedanta share price today?

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The stock price of Vedanta as of 11 Dec 2024 is ₹507.71

What is the Market Cap of Vedanta?

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Market capitalisation represents the total market value of a company's outstanding shares. As of 11 Dec 2024, Vedanta (ticker symbol: VEDL) has a market capitalisation of approximately ₹20,00,00,00,00,000.00

What is the PE and PB ratio of Vedanta?

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Vedanta Ltd's price-to-book ratio as of 11 Dec 2024 is 6.19, reflecting the market's valuation compared to its asset value. As of 11 Dec 2024, the trailing twelve months P/E (price-to-earnings) ratio is 44.54, indicating the market values the company at around ₹44.54 for every ₹1 of earnings

What is the 52 Week High and Low of Vedanta Share?

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Vedanta Ltd (VEDL) hit its 52-week high at ₹564.53, and its 52-week low at ₹207.34.
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