Independent Analyst Kunal Bothra has a buy call on Vedanta Ltd. with a target price of Rs 144. The current price of Vedanta Ltd. is Rs 135.05 Time period given by the analyst is Intra Day when Vedanta Ltd. price can reach defined target. . Kunal Bothra recommended to keep a stoploss at Rs 129 .
Vedanta Ltd., incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 50200.74 Crore) operating in Diversified sector.
Vedanta Ltd. key Products/Revenue Segments include Aluminium which contributed Rs 21000.00 Crore to Sales Value (54.34 % of Total Sales), Oil & Gas which contributed Rs 7104.00 Crore to Sales Value (18.38 % of Total Sales), Copper which contributed Rs 6833.00 Crore to Sales Value (17.68 % of Total Sales), Iron Ore which contributed Rs 2909.00 Crore to Sales Value (7.52 % of Total Sales), Export Incentives which contributed Rs 322.00 Crore to Sales Value (0.83 % of Total Sales), Power which contributed Rs 252.00 Crore to Sales Value (0.65 % of Total Sales), Other Operating Revenue which contributed Rs 137.00 Crore to Sales Value (0.35 % of Total Sales), Scrap which contributed Rs 87.00 Crore to Sales Value (0.22 % of Total Sales)for the year ending 31-Mar-2019.
For the quarter ended 31-12-2019, the company has reported a Consolidated sales of Rs 21126.00 Crore, down -2.82 % from last quarter Sales of Rs 21739.00 Crore and down -10.74 % from last year same quarter Sales of Rs 23669.00 Crore Company has reported net profit after tax of Rs 2665.00 Crore in latest quarter.
The company’s top management includes Mr.Aman Mehta, Mr.G R Arun Kumar, Mr.K Venkataramanan, Mr.Mahendra Kumar Sharma, Mr.Navin Agarwal, Mr.Ravi Kant, Mr.Srinivasan Venkatakrishnan, Mr.Tarun Jain, Mr.U K Sinha, Ms.Lalita D Gupte, Ms.Priya Agarwal. Company has S R Batliboi & Co. LLP as its auditoRs As on 31-12-2019, the company has a total of 3,717,196,639 shares outstanding.
Source: Economic Times
