Vedanta Share Price | Expert advised to buy multibagger Vedanta stock, bullish signals in the report – NSE: VEDL
Vedanta Share Price | Shares of Vedanta Limited Company have given multibagger returns to the investors. Dividend to company investors (NSE: LED) Waiting for when she will give. Vedanta Limited had announced a few days ago that it will pay its fourth interim dividend. The company had fixed October 16 as the record date. Vedanta Limited then canceled the board meeting due to some new developments. On Friday, October 18, the stock had risen 1 per cent to Rs 476.85. (Vedanta Limited Company Excerpt)
MK Global Brokerage Firm – 'BUY' Rating
Experts have given bullish signals for Vedanta Limited Company shares. Stock market experts believe that shares of Vedanta Limited Company can give big returns in future. MK Global brokerage firm has given 'Buy' rating to the shares of Vedanta Limited Company. MK Global brokerage firm has given a target price of Rs 600 for Vedanta Limited Company shares.
company board of directors meeting
Vedanta Ltd had earlier called a board meeting to recommend the fourth interim dividend for FY25 and then postponed the date to October 9. The meeting was originally scheduled for October 8. However, Vedanta later announced the complete cancellation of the board meeting. It also canceled the record date of October 16 set for the fourth interim dividend. As a result, Vedanta shares did not post ex-dividend on October 16.
MK Global Brokerage Firm
“We are giving 'buy' rating on shares of Vedanta Limited with a target price of Rs 600,” MK Global brokerage firm said in a report. This means that the share price is expected to rise by 21%. There is also a possibility of an increase in the 9% dividend yield. Emkay Global brokerage firm said it expects total returns of 30%.
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