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Vedanta Ltd down for fifth straight session
(13:35, 14 Jun 2018)

Vedanta Ltd is down for a fifth straight session today. The stock is quoting at 242.05, down 0.43% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.57% on the day, quoting at 10794.75. The Sensex is at 35562.11, down 0.5%.Vedanta Ltd has lost around 14.08% in last one month.Meanwhile, Nifty Metal index of which Vedanta Ltd is a constituent, has eased around 3.17% in last one month and is currently quoting at 3612.85, down 0.52% on the day. The volume in the stock stood at 54.79 lakh shares today, compared to the daily average of 160.63 lakh shares in last one month.

The benchmark June futures contract for the stock is quoting at Rs 242.4, down 0.33% on the day. Vedanta Ltd jumped 2.61% in last one year as compared to a 12.7% rally in NIFTY and a 22.56% spurt in the Nifty Metal index.

The PE of the stock is 30.09 based on TTM earnings ending March 18.

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