Hot Pursuit     29-Jan-24
Vedanta Ltd gains for third consecutive session
Vedanta Ltd is quoting at Rs 267.75, up 1.57% on the day as on 12:49 IST on the NSE. The stock is down 16.82% in last one year as compared to a 22.9% spurt in NIFTY and a 22.85% spurt in the Nifty Metal index.

Vedanta Ltd gained for a third straight session today. The stock is quoting at Rs 267.75, up 1.57% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 1.58% on the day, quoting at 21690.1. The Sensex is at 71801.88, up 1.56%. Vedanta Ltd has risen around 4.12% in last one month.

Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has risen around 2.16% in last one month and is currently quoting at 7719.65, up 1.39% on the day. The volume in the stock stood at 83.7 lakh shares today, compared to the daily average of 105.6 lakh shares in last one month.

The benchmark February futures contract for the stock is quoting at Rs 269.8, up 1.66% on the day. Vedanta Ltd is down 16.82% in last one year as compared to a 22.9% spurt in NIFTY and a 22.85% spurt in the Nifty Metal index.

The PE of the stock is 4.91 based on TTM earnings ending September 23.

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