Vedanta Share to Buy or Not to Buy

Vedanta Share to Buy or Not to Buy

As on 04 Jan, 2022 Vedanta share price was down by 5.24% basis the previous closing price of Rs 341.2. Vedanta share price was Rs 335.25. 52 Week high of Vedanta share is Rs 385.90 while 52 week low is Rs 160.30. 
Return Performance of Vedanta Shares:
  1. 1 Week: Vedanta share price moved down by 2.77%\
  2. 1 Month: Vedanta share price moved down by 0.61%
  3. 3 Month: Vedanta share price moved up by 12.39%
  4. 6 Month: Vedanta share price moved up by 27.93%
Market capitalization of Vedanta -Within the Diversified sector, Vedanta stock has a market cap rank of 5. Vedanta has a market cap of Rs 1,24,619 Cr.

Is it right time to buy Vedanta Share - According to Refinitiv (erstwhile Thomson Reuters), overall 
mean recommendation by 16 analysts for Vedanta stock is to Buy.
Recommendation breakup is as follows
  • 3 analysts are recommending Strong Buy
  • 8 analysts are recommending to Buy
  • 3 analysts are recommending to Hold
  • 2 analysts are recommending to Sell
    Vedanta is also giving dividend. An equity Interim dividend of Rs 13.5 per share was declared by VEDL on 13 Dec 2021. So, company has declared a dividend of 1350% on face value of Rs 1 per share. The ex dividend date was 17 Dec 2021.

    Vedanta share can be quickly analyzed on following metrics:
  1. Stock's PE is 6.71
  2. Price to Book Ratio of 1.70
  3. Dividend Yield of 2.83
  4. EPS (trailing 12 month) of Vedanta share is 49.96

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