Vedanta share price: Vedanta share price up 1.03% as Sensex climbs

Shares of . rose 1.03% to 319.15 rupees at 10:46 a.m. (IST) on Thursday. Earlier in the day, the stock saw a gap in early trading.

According to available BSE data, the total amount traded over the counter stood at 94,609 shares with a turnover of Rs 3.01 crore as of 10:46 a.m. (IST). The stock traded at a price-to-earnings (P/E) multiple of 6.33, while the price-to-book ratio stood at 2.3.

The return on equity (ROE) was 28.75%, according to data from the exchange. The stock hit an intraday high of Rs 321.05 and a low of Rs 315.65 during the session and quoted a 52-week high price of Rs 440.75 and a 52-week low of Rs 242, 6.

The stock’s beta, which measures its volatility relative to the broader market, was 1.4.

Technical indicators

The 200-DMA (daily moving average) of the stock stood at Rs 342.9 on June 02, while the 50-DMA was at Rs 375.32. If a stock is trading above 50-DMA and 200-DMA, it usually means that the immediate trend is up. On the other hand, if the stock is trading below 50-DMA and 200-DMA, it is considered to be in a downtrend. If it is trading between 50-DMA and 200-DMA, it suggests that the stock can go either way.

The relative strength index (RSI) of stood at 42.78. The RSI fluctuates between zero and 100. Traditionally, a stock is considered overbought when the RSI value is above 70 and oversold when it is below 30.

Promoter Holder

As of March 31, 2022, promoters held 69.69% of the company’s capital, while FIIs held 18.48% and domestic institutional investors 2.49%.

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