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S&P 500   3,819.72
DOW   31,270.09
QQQ   309.16
S&P 500   3,819.72
DOW   31,270.09
QQQ   309.16
S&P 500   3,819.72
DOW   31,270.09
QQQ   309.16
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NYSE:VEDL

Vedanta Stock Forecast, Price & News

$12.12
+0.18 (+1.51 %)
(As of 03/3/2021 12:00 AM ET)
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Today's Range
$11.99
Now: $12.12
$12.32
50-Day Range
$8.69
MA: $10.08
$11.96
52-Week Range
$3.24
Now: $12.12
$12.32
Volume1.13 million shs
Average Volume915,155 shs
Market Capitalization$11.26 billion
P/E RatioN/A
Dividend Yield7.29%
Beta1.84
Vedanta Limited operates as a diversified natural resources company in India. The company explores for, develops, produces, processes, and sells oil and gas, zinc, lead, silver, copper, aluminum, iron ore, steel, and power. It is involved in the exploration, development, and production of oil and gas; and exploration, mining, and processing of iron ore, pig iron, and metallurgical coke. The company also operates a thermal coal- based commercial power facility of 600 megawatts (MW) at Jharsuguda in the State of Odisha in eastern India; a 300 MW thermal coal based power plant at Korba; 1,980 MW (three units of 660 MW each) thermal coal- based commercial power facilities; 274MW of wind power plants; and a power plant situated at Mettur Dam in the state of Tamil Nadu in southern India. In addition, it manufactures and supplies billets, TMT bars, wire rods, and ductile iron pipes; engages in the mechanization of coal handling facilities and upgradation of general cargo berth for handling coal at the outer harbour of Visakhapatnam Port on the east coast of India; and provides logistics and other allied services inter alia rendering stevedoring, and other allied services in ports and other allied sectors. Further, the company is involved in manufacturing glass substrates in South Korea and Taiwan. It also has operations in South Africa, Namibia, Ireland, Australia, Liberia, and the United Arab Emirates. The company was incorporated in 1965 and is based in Mumbai, India.
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Headlines

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Industry, Sector and Symbol

Industry Primary smelting & refining of nonferrous metals
Sub-IndustryN/A
CUSIPN/A
Phone91-22-6643-4500
Employees80,000
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.52 billion
Cash Flow$2.49 per share
Book Value$9.73 per share

Profitability

Net Income$-812,000,000.00

Miscellaneous

Market Cap$11.26 billion
Next Earnings Date6/4/2021 (Estimated)
OptionableOptionable

MarketRank

Overall MarketRank

0.96 out of 5 stars

Basic Materials Sector

360th out of 834 stocks

Primary Smelting & Refining Of Nonferrous Metals Industry

3rd out of 5 stocks

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 0.0 5 -4 -3 -2 -1 -
$12.12
+0.18 (+1.51 %)
(As of 03/3/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Vedanta (NYSE:VEDL) Frequently Asked Questions

Is Vedanta a buy right now?

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vedanta in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Vedanta stock.
View analyst ratings for Vedanta
or view top-rated stocks.

What stocks does MarketBeat like better than Vedanta?

Wall Street analysts have given Vedanta a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Vedanta wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Vedanta?

Vedanta saw a increase in short interest in January. As of January 15th, there was short interest totaling 4,400,000 shares, an increase of 13.7% from the December 31st total of 3,870,000 shares. Based on an average daily trading volume, of 959,300 shares, the days-to-cover ratio is presently 4.6 days. Currently, 0.5% of the shares of the stock are short sold.
View Vedanta's Short Interest
.

When is Vedanta's next earnings date?

Vedanta is scheduled to release its next quarterly earnings announcement on Friday, June 4th 2021.
View our earnings forecast for Vedanta
.

How were Vedanta's earnings last quarter?

Vedanta Limited (NYSE:VEDL) announced its earnings results on Friday, January, 29th. The basic materials company reported $0.48 earnings per share (EPS) for the quarter. The basic materials company had revenue of $3.05 billion for the quarter. Vedanta had a negative net margin of 10.36% and a positive trailing twelve-month return on equity of 9.98%.
View Vedanta's earnings history
.

How has Vedanta's stock price been impacted by Coronavirus (COVID-19)?

Vedanta's stock was trading at $4.81 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, VEDL stock has increased by 152.0% and is now trading at $12.12.
View which stocks have been most impacted by COVID-19
.

How often does Vedanta pay dividends? What is the dividend yield for Vedanta?

Vedanta announced a semi-annual dividend on Thursday, October 29th. Shareholders of record on Friday, January 1st will be given a dividend of $0.4946 per share on Friday, October 30th. This represents a dividend yield of 12.3%. The ex-dividend date of this dividend is Friday, October 30th.
View Vedanta's dividend history
.

Is Vedanta a good dividend stock?

Vedanta pays an annual dividend of $0.87 per share and currently has a dividend yield of 7.29%. VEDL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer.
View Vedanta's dividend history.

Who are Vedanta's key executives?

Vedanta's management team includes the following people:
  • Mr. Sunil Duggal, Chief Exec. Officer (Age 59)
  • Mr. Navin Kumar Agarwal, Exec. Vice Chairman (Age 60)
  • Mr. G. R. Arun Kumar, CFO & Whole Time Director (Age 50)
  • Mr. Anup Agarwal, Sr. VP of Corp. Fin. (Age 48)
  • Ms. Prerna Halwasiya, Company Sec. & Compliance Officer
  • Ms. Roma Ashok Balwani, Director of Communications & Brand (Age 69)
  • Ms. Madhu Srivastava, Group Chief HR Officer (Age 47)
  • Mr. Dilip Golani, Head of Management Assurance (Age 55)
  • Ms. Lalita Correia Afonso, Assistant VP of Corp. Fin. (Age 58)
  • Mr. James Cartwright, Head of Investor Relations (Age 48)

Who are some of Vedanta's key competitors?

What other stocks do shareholders of Vedanta own?

What is Vedanta's stock symbol?

Vedanta trades on the New York Stock Exchange (NYSE) under the ticker symbol "VEDL."

Who are Vedanta's major shareholders?

Vedanta's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (0.39%), Aperio Group LLC (0.28%), Morgan Stanley (0.14%), Schroder Investment Management Group (0.14%), Dimensional Fund Advisors LP (0.13%) and First Trust Advisors LP (0.10%).

Which institutional investors are selling Vedanta stock?

VEDL stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Aperio Group LLC, Northern Trust Corp, Dimensional Fund Advisors LP, Russell Investments Group Ltd., Sumitomo Mitsui Trust Holdings Inc., Causeway Capital Management LLC, and Credit Suisse AG.

Which institutional investors are buying Vedanta stock?

VEDL stock was purchased by a variety of institutional investors in the last quarter, including Morgan Stanley, Baillie Gifford & Co., First Trust Advisors LP, Van ECK Associates Corp, Toroso Investments LLC, BlackRock Inc., Guggenheim Capital LLC, and Ritholtz Wealth Management.

How do I buy shares of Vedanta?

Shares of VEDL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Vedanta's stock price today?

One share of VEDL stock can currently be purchased for approximately $12.12.

How much money does Vedanta make?

Vedanta has a market capitalization of $11.26 billion and generates $11.52 billion in revenue each year.

How many employees does Vedanta have?

Vedanta employs 80,000 workers across the globe.

What is Vedanta's official website?

The official website for Vedanta is www.vedantalimited.com.

Where are Vedanta's headquarters?

Vedanta is headquartered at 1st Floor C wing Unit 103 Corporate Avenue Atul Projects Chakala Andheri East, Mumbai K7, 400 093.

How can I contact Vedanta?

Vedanta's mailing address is 1st Floor C wing Unit 103 Corporate Avenue Atul Projects Chakala Andheri East, Mumbai K7, 400 093. The basic materials company can be reached via phone at 91-22-6643-4500 or via email at [email protected]


This page was last updated on 3/4/2021 by MarketBeat.com Staff

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