Vedanta Share Price | Vedanta share 132% bigger than 52 week low, should share be BUY? – NSE: VEDL
Vedanta Share Price | Shares of Vedanta Limited Metal and Mining Company gave multibagger returns to investors. (NSE: LED) Have delivered. Shares of Vedanta Ltd are up 132% from their 52-week low in the year. (Vedanta Limited Company Excerpt)
Shares of Vedanta Limited fell 1.83 per cent to Rs 490 on Tuesday, October 15. On Wednesday, October 16, the stock was trading at Rs 486.40, down 0.70 per cent. The market cap of Vedanta Limited is Rs 1,91,589 crore. A total of 3.64 lakh shares were traded on BSE on Tuesday. On Thursday (October 17, 2024), the stock was trading at Rs 479, down 1.66%. Shares of Vedanta Limited have a 1-year beta of 1.2, indicating high volatility over this period. Vedanta Limited Company has Rs. RSI of 61, which indicates that Vedanta shares do not trade in the overbought or oversold zone.
The share gave 219% return
Shares of Vedanta Limited Company are 90 percent bigger in 2024. Vedanta Limited Company shares have given 219% returns in the last five years. The large cap stock of Vedanta Limited Company is above its 20 day, 30 day, 50 day, 100 day, 150 day, 200 day moving averages. However, 5 days and 10 days of moving are below average.
MK Global Brokerage Firm – BUY Rating
MK Global brokerage firm has announced 'BUY' rating for the stock of Vedanta Limited Company. MK Global brokerage firm has given a target price of Rs 600 for Vedanta shares. MK Global brokerage firm expects 21% increase in Vedanta's share price and 9% increase in dividend yield.
What Swastika Investment Mart Brokerage had to say
According to Pravesh Gaur, Senior Technical Analyst, Swastika Investments, there is a resistance of Rs 520-555 in this stock. The support of this share is Rs 471.
ICICI Securities Brokerage – BUY Rating
ICICI Securities brokerage firm has given 'BUY' rating to the shares of Vedanta Limited Company. Experts have set a target price of Rs 600 for the share.
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