Is Vedanta good to buy now?
Is Vedanta good to buy now?
Technical analysts at Motilal Oswal have picked Vedanta as their Technical pick of the day with a target of Rs 425 per share and a stop loss of Rs 388 apiece. Fundamental analysts have a target price of Rs 459 per share with a neutral rating. “The stock trades at 4.9x/5.4x FY23E/FY24E EV/EBITDA.
Is VEDL a good stock to buy?
According to stock market investors, Vedanta shares are available at an attractive valuation and there won’t be much fall in the stock even if current rise in stock market today turns out a relief rally.
Will Vedanta share price go up?
Vedanta trend for this month is negative, which means Vedanta target predictions on downside have a better chance. Vedanta targets for this month are 352.99, 423.59 on the upside, and 288.81, 253.51 on the downside.
Why is Vedanta stock falling?
One of the reason for the steep fall in the stock price of Vedanta is that the stock has turned ex-dividend for today for Rs. 31.5 per share interim dividend announced for the fy 23. Record date for the same is May 9, 2022.
Is Vedanta good for long term?
In a statement, the ratings agency said it has “upgraded Vedanta Limited’s (VDL) long-term issuer rating to ‘IND AA’ from ‘IND AA-‘ and the outlook is stable”.
Is Vedanta good for long-term?
What is the future of VEDL?
As on 3rd Jun 2022 VEDL Share Price closed @ 316.90 and we RECOMMEND Sell for LONG-TERM with Stoploss of 333.34 & Strong Sell for SHORT-TERM with Stoploss of 375.81 we also expect STOCK to react on Following IMPORTANT LEVELS….VEDL Share Price.
| VEDL CURRENT MONTH FUTURE | |
|---|---|
| Close | 318.30 |
| Change In O.I | -1.52 % |
| Lot Size | 1550 |
Is Vedanta a good company?
Vedanta is a very good company, job security and salary benefit are good for future. Vedanta company is a very good company, company job security and salary benefit are so good for future, vedanta management is very helpful and coprative .
Is Vedanta overvalued?
The stock of Vedanta (NYSE:VEDL, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation.
When can we expect Vedanta dividend?
Vedanta: Vedanta board has announced the first interim dividend of ₹31.5 per equity share i.e. 3,150% of the face value of Re 1 per share for the financial year FY23 amounting to a whopping ₹11,710 crore. The record date for payment of the dividend is set on May 9. That means, the shares will turn ex-dividend on May 6.
