Vedanta Share Price 2024: Vedanta’s stock experienced a 1.77% increase on February 29, 2024. The day concluded with the stock closing at ₹262.8 per share.
As of now, it is actively trading at ₹267.45 per share. On the last day, Vedanta’s stock opened at ₹266.9, and closed at ₹263.75, with a high of ₹272.15 and a low of ₹261.85.
The market cap stood at ₹97626.16 crore. The 52-week high was ₹301 and the low was ₹207.85.
Vedanta Share Price 2024 Today Live
As of February 29, 2024, Vedanta Ltd’s share price stands at 268.70 INR, marking a positive movement of +5.75 (2.19%) on the day. For the Latest update watch here.
Vedanta Share Top active Call options
As of February 29, 2024, at 14:40, the leading call options for Vedanta were at a strike price of ₹300.0 (Expiry: March 28, 2024) and ₹310.0 (Expiry: March 28, 2024), priced at ₹3.1 (-4.62%) and ₹2.1 (-10.64%) respectively.
These call options provide investors the right to buy Vedanta shares at the specified prices by the expiration date.
Conversely, the prominent put options for Vedanta were at a strike price of ₹270.0 (Expiry: February 29, 2024) and ₹275.0 (Expiry: February 29, 2024), priced at ₹4.7 (-41.98%) and ₹10.0 (-26.74%) respectively.
These options grant investors the right to sell Vedanta shares at the indicated prices until the expiration date.
Vedanta Share Price 52-week low/high
Vedanta Ltd’s stock performance over the past year unveils a fluctuating journey, ranging from a low of ₹208.00 to a high of ₹300.95.
This 52-week span illustrates the stock’s volatility, presenting both opportunities and risks for investors.
Currently trading at ₹267.35, with a bid of ₹266.9 and an offer of ₹267.15, the market reflects a balanced demand.
Notably, both bid and offer quantities stand at 4600 shares. The stock’s open interest is robust at 27,294,100, offering insights into the overall market activity and investor engagement.
Vedanta Share Price Stock Peers
Hindustan Zinc
- Latest Price: ₹306.4
- Change: -2.65 (-0.86%)
- 52W High: ₹344.0
- 52W Low: ₹290.55
- Market Cap: ₹1,29,607.2 crore
Hindalco Industries
- Latest Price: ₹499.8
- Change: -3.95 (-0.78%)
- 52W High: ₹620.6
- 52W Low: ₹381.0
- Market Cap: ₹1,11,499.31 crore
NMDC
- Latest Price: ₹225.7
- Change: +2.95 (1.32%)
- 52W High: ₹252.65
- 52W Low: ₹103.75
- Market Cap: ₹66,143.77 crore
National Aluminium Company
- Latest Price: ₹155.0
- Change: +2.9 (1.91%)
- 52W High: ₹169.15
- 52W Low: ₹75.73
- Market Cap: ₹28,467.79 crore
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Vedanta Share Price 2024 Target
2023 saw a robust Bull run for many Indian stocks, and Vedanta (VEDL) was no exception. As we step into 2024, the market’s positive vibe is likely to continue, albeit with some initial consolidation. Technical data hints at a minimum target of ₹278.16 and a maximum target of ₹310.3 for VEDL in 2024.
- January: ₹278.16
- February: ₹282.79
- March: ₹278.2
- April: ₹275.94
- May: ₹279.87
- June: ₹310.21
- July: ₹310.17
- August: ₹310.21
- September: ₹310.25
- October: ₹310.28
- November: ₹310.26
- December: ₹310.3
Vedanta Share Price Prediction 2025
In a positive outlook, Vedanta Ltd’s share price is anticipated to hit Rs. 330.4 by January 2025. If macro and microeconomic factors align, along with industry trends, we could witness a year-end target of Rs. 328.12 by December 2025.
- January: ₹330.4
- February: ₹335.01
- March: ₹330.45
- April: ₹328.11
- May: ₹328.14
- June: ₹328.12
- July: ₹328.11
- August: ₹328.1
- September: ₹328.06
- October: ₹328.07
- November: ₹328.12
- December: ₹328.12
Vedanta Share Price Dividend
Vedanta’s fiscal year ending March 2023 reveals an impressive equity dividend of 10150.00%, translating to Rs 101.5 per share.
With the current share price standing at Rs 267.30, this leads to an attractive dividend yield of 37.97%.
Notably, Vedanta boasts a commendable dividend track record, consistently distributing dividends over the past five years.
This substantial dividend offering reflects the company’s commitment to returning value to shareholders and underscores its financial strength.
Should i buy vedanta shares in 2024
Vedanta’s current P/E ratio is 8.50, while the sector average is 14.70, indicating potentially favorable valuation compared to its industry peers.
Among 12 analysts covering Vedanta, 4 suggest a strong buy, 2 recommend a buy, and 1 gives a sell rating.
This diverse analyst sentiment provides investors with varied perspectives on Vedanta’s future performance. The lower P/E ratio and positive analyst ratings might indicate a favorable position for investors considering the stock.
Conclusion:
Vedanta Share Price 2024 shows positive momentum with a 1.77% increase. The 52-week span reflects volatility, presenting opportunities and risks.
Call and put options indicate investor sentiments. The dividend yield of 37.97% and robust P/E ratio suggest financial strength.
Analyst ratings vary, with a majority leaning towards a positive outlook. Considering these factors, Vedanta appears as a potentially promising investment in 2024.
