Stocks News

Vedanta share price: Vedanta share price rises 0.43% on rising Sensex

Shares of Vedanta Ltd. were trading 0.43% higher on Thursday’s session at 1:34 PM IST. The stock opened at Rs 256.0 and has hit intraday highs and lows of Rs 257.7 and Rs 248.85 respectively during the session so far.

The stock had a 52-week high of ₹340.75 and a 52-week low of ₹207.85. Approximately 715,580 shares have been traded to date.

Benchmark Nifty50 was up 276.85 points at 21203.2, while BSE Sensex was trading 1007.98 points higher at 70592.58 at the time of writing.

In the Nifty pack, 38 stocks traded in the green on the day and 12 stocks traded in the red.

main financial

For the quarter ended September 30, 2023, the company reported consolidated revenue of Rs 39585.0 crore, up 15.48% from Rs 34279.0 crore in the previous quarter and up 5.98% year-on-year. The company reported a net loss of Rs 1783.0 crore in the latest quarter.

Promoter Holdings
The promoters hold 63.71% stake in the company as on September 30, 2023, followed by FIIs with 7.82% and MFs with 0.83%.

technology
On the technical charts, the stock’s 200-day moving average (DMA) on December 14 was Rs 259.16, while its 50-DMA was Rs 233.09. If a stock is trading above the 50-DMA and 200-DMA, this usually means the immediate trend is up. On the other hand, if a stock is trading well below both the 50-DMA and 200-DMA, it is considered to be in a bearish trend, while if it is trading between these averages, it indicates that the stock could go in either direction.

Related Articles

Back to top button