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Vedanta Ltd Jumps 0.17%

Vedanta Ltd is up 6.2% for 2022.

On NSE, Vedanta Ltd is quoting Rs 331.45, up 0.17%. The stock is up 6.2% in the previous year compared to a 5.54% gain in Nifty and a 25.17% gain in Nifty Media.

Today, Vedanta Ltd is up for a fifth straight session. The stock is quoted at Rs 331.45, up 0.17%. The benchmark Nifty is up around 0.4% on the day, quoting at 18099.85. The Sensex is at 60,850.74, up 0.38%. Vedanta Ltd has added about 11.94% in the previous month.

Meanwhile, the Nifty Media Index, to which Vedanta Ltd belongs, has gained about 6.6% in December 2022 and is now at 6,805.25, down 0.3% on the day. Volume was 28.17 lakh shares on Monday, compared with the 88.67 lakh daily average for the previous month.

The stock’s benchmark January futures contract was at 330.75 rupees, down 0.06 percent. Vedanta Ltd is up 6.2% for 2022, compared with 5.54% for Nifty and 25.17% for Nifty Media Index.

At the end of September 2022 end, the PE of the stock is 6.81 based on TTM earnings.

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