VE

Vedanta LtdNSE VEDL Stock Report

Last reporting period 31 Mar, 2024

Updated 18 Sep, 2024

Last price

Market cap $B

10.174

Large

Exchange

XNSE - National Stock Exchange Of India

VEDL.NS Stock Analysis

VE

Avoid

Based on Eyestock quantitative analysis, VEDL.NS`s fundamental data and valuation indicate an investment grade of Avoid at the current time.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

37/100

Low score

Upside

To determine whether the current price is a reasonable to buy a stock, we compare it to our estimate of fair value. The more undervalued a stock is, the higher the upside.

-80.4 %

Greatly overvalued

Market cap $B

10.174

Dividend yield

5.79 %

Shares outstanding

3 717.2 B

Vedanta Ltd. is a natural resource company, which engages in the exploration, extraction, and processing of minerals, oil, and gas properties. The company is headquartered in Hyderabad, Telangana and currently employs 8,545 full-time employees. The firm has operations in oil and gas, zinc, lead, silver, copper, iron ore, steel, nickel, aluminum, power and glass substrate. The firm's product portfolio includes aluminum ingots, primary foundry alloys, wire rods, billets and rolled products, which cater to various industries, such as power, transportation, construction and packaging, renewable, automobile and aerospace, among others. The company produces iron ore and pig iron, and caters to steelmaking, construction and infrastructure sectors. The company produces a range of copper products, including eight mm copper rod, 11.42 millimeter (mm)/12.45 mm/12.45 mm wax free, copper cathode and copper car bar with housing wires, winding wires and cables, transformer and electrical profile producers being its primary customers. Its crude oil is sold to public and private refineries and its natural gas is consumed by the fertilizer industry and the city gas distribution sector in India.

View Section: Eyestock Rating