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NYSE:VEDL

Vedanta Stock Forecast, Price & News

$6.75
+0.19 (+2.90 %)
(As of 12/1/2020 12:00 AM ET)
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Today's Range
$6.63
Now: $6.75
$6.81
50-Day Range
$4.99
MA: $5.64
$6.57
52-Week Range
$3.24
Now: $6.75
$9.41
Volume968,325 shs
Average Volume944,019 shs
Market Capitalization$6.27 billion
P/E RatioN/A
Dividend Yield13.26%
Beta1.65
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.
Vedanta logo

Beat the Market (BTM) Rank

Analyst Opinion: 0.0Community Rank: 2.3Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.09 out of 5 stars


Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$11.52 billion
Cash Flow$2.67 per share
Book Value$9.73 per share

Profitability

Net Income$-812,000,000.00

Miscellaneous

Market Cap$6.27 billion
Next Earnings Date2/2/2021 (Estimated)
OptionableOptionable
$6.75
+0.19 (+2.90 %)
(As of 12/1/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Vedanta (NYSE:VEDL) Frequently Asked Questions

How has Vedanta's stock price been impacted by Coronavirus?

Vedanta's stock was trading at $4.81 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, VEDL stock has increased by 40.3% and is now trading at $6.75.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Vedanta?

2 Wall Street 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, resulting in a consensus recommendation of "Buy."
View analyst ratings for Vedanta
or view MarketBeat's top 5 stock picks.

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 winning trading ideas this year 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.

When is Vedanta's next earnings date?

Vedanta is scheduled to release its next quarterly earnings announcement on Tuesday, February 2nd 2021.
View our earnings forecast for Vedanta
.

How were Vedanta's earnings last quarter?

Vedanta Limited (NYSE:VEDL) posted its quarterly earnings results on Tuesday, October, 6th. The basic materials company reported $0.15 EPS for the quarter. The basic materials company earned $2.07 billion during the quarter. Vedanta had a positive return on equity of 8.14% and a negative net margin of 8.19%.
View Vedanta's earnings history
.

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
.

Are investors shorting Vedanta?

Vedanta saw a increase in short interest in October. As of October 30th, there was short interest totaling 3,540,000 shares, an increase of 32.6% from the October 15th total of 2,670,000 shares. Based on an average daily volume of 832,200 shares, the short-interest ratio is presently 4.3 days. Currently, 0.4% of the company's shares are sold short.
View Vedanta's Short Interest
.

Who are some of Vedanta's key competitors?

What other stocks do shareholders of Vedanta own?

Who are Vedanta's key executives?

Vedanta's management team includes the following people:
  • Mr. Sunil Duggal, Chief Exec. Officer (Age 58)
  • Mr. Navin Kumar Agarwal, Exec. Vice Chairman (Age 59)
  • Mr. G. R. Arun Kumar, CFO & Whole Time Director (Age 49)
  • Mr. Anup Agarwal, Sr. VP of Corp. Fin. (Age 47)
  • Ms. Prerna Halwasiya, Company Sec. & Compliance Officer
  • Ms. Roma Ashok Balwani, Director of Communications & Brand (Age 68)
  • Ms. Madhu Srivastava, Group Chief HR Officer (Age 46)
  • Mr. Dilip Golani, Head of Management Assurance (Age 54)
  • Ms. Lalita Correia Afonso, Assistant VP of Corp. Fin. (Age 57)
  • Mr. James Cartwright, Head of Investor Relations (Age 47)

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 many different institutional and retail investors. Top institutional investors include BlackRock Inc. (0.38%), State Street Corp (0.37%), Aperio Group LLC (0.31%), AQR Capital Management LLC (0.21%), First Trust Advisors LP (0.08%) and Thomas White International Ltd. (0.05%).

Which major investors are selling Vedanta stock?

VEDL stock was sold by a variety of institutional investors in the last quarter, including Arrowstreet Capital Limited Partnership, AQR Capital Management LLC, BlackRock Inc., State Street Corp, First Trust Advisors LP, LSV Asset Management, BNP Paribas Arbitrage SA, and Thomas White International Ltd..

Which major investors are buying Vedanta stock?

VEDL stock was purchased by a variety of institutional investors in the last quarter, including Aperio Group LLC, Russell Clark Investment Management Ltd, Morgan Stanley, JPMorgan Chase & Co., Jane Street Group LLC, O Shaughnessy Asset Management LLC, ClariVest Asset Management LLC, and Schonfeld Strategic Advisors LLC.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Vedanta's stock price today?

One share of VEDL stock can currently be purchased for approximately $6.75.

How big of a company is Vedanta?

Vedanta has a market capitalization of $6.27 billion and generates $11.52 billion in revenue each year. Vedanta employs 80,000 workers across the globe.

What is Vedanta's official website?

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

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 12/2/2020 by MarketBeat.com Staff

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