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HomeSHARE MARKETStrong Rise In This ₹300 Share; It Can Touch ₹405; Experts Told...

Strong Rise In This ₹300 Share; It Can Touch ₹405; Experts Told All Details And Targets

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Vedanta Ltd (NSE: VEDL): Today, in this post we’ll discuss about Vedanta latest news, fundamentals, potential growth areas, and all sorts of information regarding this company to gain a better understanding. We hope our analysis will provide you better insight about the company.

The upward trend in Vedanta shares is continuing. According to the company’s performance using technical charts, states that the stock has been consolidating between 260 and 280 for a considerable period. 

However, the bullish trend might continue. The shares could hit a price of between Rs 350 and 405. But it’ll take some time; from one year to one-half years.

This week, there was two major news regarding the company. One of them focused on dividends. 

dividend payout

Market regulator SEBI issued a directive to Vedanta Limited (formerly Cairn India Limited) to pay 77.62 crore to Cairn Energy by the end of 45 days, and to pay interest for any delay in dividend payments. 

In addition, SEBI banned the entire board of Vedanta Limited from trading on the capital market for some time.

Another piece of news regarding demergers is that it is on the way to demerging its main business, which includes aluminum, into various listed companies. 

In this PTI article, sources claim that the distribution of debt between the entities that have been demerged will be done according to their respective assets. 

According to reports, Vedanta is at an advanced stage of discussions with its lenders regarding this matter and the process is moving along smoothly. 

As per the reports, there is a sense of clarity about the distribution of debt between the companies following the demerger.

Vedanta was in September of the year before announcing the demerger of its metals power, aluminum, and oil and gas business to maximize value. 

Following the merger, six distinct verticals, Vedanta Aluminium Vedanta Oil and Gas, Vedanta Power Vedanta Steel, Ferrous Materials, and Vedanta Base Metals along Vedanta Limited are set to be formed. 

Every share held by Vedanta shareholders will receive one share of each of the companies that have been listed.

About Vedanta

Vedanta Ltd. is a company that deals in natural resources that focuses on mining, exploration, and processing of oil, minerals, or gas-related properties.

It is a company that operates in four segments: Copper Aluminum, Iron Ore, Power as well as Oil and Gas.

The segment for Copper concentrates on custom smelting and includes a copper smelter refinery, a phosphoric acid plant sulfuric acid plant as well as a copper rod facility, and three captive power plants.

This segment consists of a refinery as well as an electric power plant that is captive at Lanjigarh as well as a smelter. an energy-based thermal coal captive power facility in Jharsuguda located inside Odisha, a State of Odisha in India.

This Iron Ore segment explores, mines, and refines iron ore, pig iron, and coke that is metallurgical.

The Power section is comprised of 600 MW of thermal commercial power facility based on coal located at Jharsuguda within Odisha, a State of Odisha in Eastern India.

The Oil and Gas segment is involved in the development, exploration, and extraction of gas, and oil.

This company was established on the initiative of Anil Kumar Agarwal, who was born on the 25th of June 25, 1965. It is located in Panaji, India.

Fundamental Analysis of Vedanta Limited 

Market Cap₹ 1,11,944 Cr.
Current Price₹ 300.85
52-wk High₹ 301.95
52-wk Low₹ 208
Stock P/E23.75
Book Value₹ 85.0
Dividend33.6 %
ROCE21.2 %
ROE20.4 %
Face Value₹ 1.00
P/B Value3.54
OPM24.6 %
EPS₹ 12.8
Debt₹ 75,064 Cr.
Debt to Equity2.38

Vedanta Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹ 312₹ 395
2025₹ 440₹ 520
2026₹ 585₹ 632
2027₹ 700₹ 742
2028₹ 800₹ 841
2029₹ 890₹ 940
2030₹ 1025₹ 1124
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Vedanta Limited Shareholding Pattern

Promoters Holding
Dec 202269.68%
Mar 202368.11%
June 202368.11%
Sept 202363.71%
Dec 202363.71%
FII Holding
Dec 20227.90%
Mar 20237.89%
June 20237.48%
Sept 20237.82%
Dec 20237.74%
DII Holding
Dec 202211.05%
Mar 202310.20%
June 20239.98%
Sept 202310.59%
Dec 202311.19%
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Govt. Holding
Dec 20220.07%
Mar 20230.07%
June 20230.07%
Sept 20230.07%
Dec 20230.07%
Public Holding
Dec 202211.07%
Mar 202313.63%
June 202314.29%
Sept 202317.74%
Dec 202317.23%
Others Holding
Dec 20220.22%
Mar 20230.11%
June 20230.08%
Sept 20230.08%
Dec  20230.06%
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Vedanta Limited Share: Last 5 Years’ Financial Condition

To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019₹ 92,048 Cr
2020₹ 84,447 Cr
2021₹ 88,021 Cr
2022₹ 132,732 Cr
2023₹ 146,149 Cr

Last 5 Years’ Net Profit:

2019₹ 9,698 Cr
2020₹ -4,744 Cr
2021₹ 15,032 Cr
2022₹ 23,710 Cr
2023₹ 8,393 Cr

Last 10 Years’ Profit Growth:

10 Years:17%
5 Years:4%
3 Years:-10%
Current Year:-65%

Last 10 years’ Return on Equity (ROE):

10 Years:14%
5 Years:21%
3 Years:24%
Last Year:20%

Last 10 Years’ Sales Growth:

10 Years:49%
5 Years:10%
3 Years:20%
Current Year:-2%

Last 5 Years’ Debt-To-Equity Ratio:

20190.93
20201.08
20210.8
20220.81
20231.68

Conclusion

This article is a complete guide about Vedanta Ltd Share.

These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses. 

Also, We have talked in detail about the share’s future prospects and growth potential.

Hopefully, these informations will help you in your further investment. 

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Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. We are here to provide timely updates about the stock market and financial products to help you make better investment choices.

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