Share price of Vedanta jumps as Sensex gains 415.56 points

By Indiatimes3 days ago

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The share price of

Vedanta

Ltd. gained 2.76 per cent to Rs 243.45 at 10:15AM (IST) in Thursday's trade. The stock has hit a high of Rs 244.9 and low of Rs 239.0 so far during the session. The stock had closed at Rs 236.9 in the previous session.

The counter has had a total traded volume of 1350048 shares so far with a value of Rs 32.22 crore on the NSE. It traded at a price-to-earnings multiple of -12.27 and a price-to-book ratio of 0.44.

A higher price-to-earnings ratio shows investors are willing to pay a higher price for per rupee earnings given by the stock because of better future growth expectations.

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