INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Vedanta Ltd
with a target price of Rs 189
The current market price of Vedanta Ltd
Time period given by the analyst is Intra Day when Vedanta Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 170
Vedanta Ltd., incorporated in 1965, has a market cap of Rs 66110.34 crore.
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 31-03-2019, the company has reported a Consolidated sales of Rs 23092.00 Crore, down -2.44 % from last quarter Sales
of Rs 23669.00 Crore and down -16.42 % from last year same quarter Sales of Rs 27630.00 Crore Company has reported net profit after tax of
Rs 3218.00 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 31-03-2019, the company has a total of 3,717,196,639 shares outstanding