03 May Vedanta Share Price: Vedanta declines 1.19% as Sensex slides
The scrip quoted a 52-week low price of Rs 206.1 and a high of Rs 412.0.
Earlier, the stock saw a gap down opening in the morning.
A total of 228,782 lakh shares changed hands on the counter till 01:48PM (IST).
The stock of Vedanta Ltd. commanded a market value of Rs 103245.2 crore, according to BSE.
The stock traded at a price-to-earning (P/E) multiple of 7.12, while the price-to-book value ratio stood at 2.3. Return on equity (ROE) was at 28.75 per cent, according to exchange data.
In the BSE500 pack, 277 stocks traded in the green, while 224 stocks were in the red. The stock’s beta value, which measures volatility in relation to the broader market, stood at 1.4.
Promotor/FII Holding
Promoters held 0.0 per cent in Vedanta Ltd. as of 31-Dec-2022 while foreign and domestic institutional investors owned 7.89 per cent and 0.45 per cent, respectively.
Moving averages
The 200-DMA of the stock stood at 287.73 on May 03, while the 50-DMA was at 283.3. If a stock trades below 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 as bearish trend and if trades between 50-DMA and 200-DMA, then it suggests the stock can go either way.