Is Vedanta good to buy now?
Technical analysts at Motilal Oswal have picked Vedanta as their Technical pick of the day with a target of Rs 425 per share and a stop loss of Rs 388 apiece. Fundamental analysts have a target price of Rs 459 per share with a neutral rating. “The stock trades at 4.9x/5.4x FY23E/FY24E EV/EBITDA.
What is the future of VEDL?
As on 3rd Jun 2022 VEDL Share Price closed @ 316.90 and we RECOMMEND Sell for LONG-TERM with Stoploss of 333.34 & Strong Sell for SHORT-TERM with Stoploss of 375.81 we also expect STOCK to react on Following IMPORTANT LEVELS….VEDL Share Price.
| VEDL CURRENT MONTH FUTURE | |
|---|---|
| Close | 318.30 |
| Change In O.I | -1.52 % |
| Lot Size | 1550 |
Is Vedanta limited a good buy?
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Vedanta Ltd is a average quality company.
Is Vedanta good for long term?
In a statement, the ratings agency said it has “upgraded Vedanta Limited’s (VDL) long-term issuer rating to ‘IND AA’ from ‘IND AA-‘ and the outlook is stable”.
Why is Vedanta stock falling?
One of the reason for the steep fall in the stock price of Vedanta is that the stock has turned ex-dividend for today for Rs. 31.5 per share interim dividend announced for the fy 23. Record date for the same is May 9, 2022.
Is Vedanta a good company?
Vedanta is a very good company, job security and salary benefit are good for future. Vedanta company is a very good company, company job security and salary benefit are so good for future, vedanta management is very helpful and coprative .
Who will get Vedanta dividend?
On April 28, 2022, mining company Vedanta Ltd announced that its board of directors approved an interim dividend of Rs 11,710 crore (USD 1.56 billion) of which USD 1.02 billion will be received by its holding company Vedanta Resources Limited (VRL).
Is Vedanta overvalued?
The stock of Vedanta (NYSE:VEDL, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation.
Is Vedanta undervalued stock?
PB vs Industry: VEDL is overvalued based on its Price-To-Book Ratio (1.8x) compared to the IN Metals and Mining industry average (1.5x).
Is Vedanta a large cap stock?
Vedanta Ltd., incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 119600.88 Crore) operating in Diversified sector. Promoters held 69.69 per cent stake in the company as of 31-Dec-2021, while FIIs owned 17.69 per cent, DIIs 1.81 per cent.
How big is vedanta?
Vedanta Limited
| Type | Public |
|---|---|
| Total assets | ₹183,482.00 crore (US$24 billion) (2021) |
| Total equity | ₹77,418.00 crore (US$10 billion) (2021) |
| Number of employees | 76,752 (2019) |
| Parent | Vedanta Resources |
Why should I join vedanta?
Vedanta is focused on hiring the best talent and has, over the years, created a culture that engages and empowers. The company’s best-in-class people practices are geared towards unleashing the full potential of employees while meeting the organization’s overarching business goals.