INSUBCONTINENT EXCLUSIVE:
Independent analyst Nooresh Merani has a buy call on Vedanta Ltd
with a target price of Rs 247
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
Nooresh Merani recommended to keep stoploss at Rs 226
Vedanta Ltd., incorporated in 1965, is a largecap company with a market cap of Rs 87539.98 crore.
Vedanta Ltd
key Products/Revenue Segments include Minerals which contributed Rs 37344.67 Crore to Sales Value (96.89 % of Total Sales), Mining/Minerals
which contributed Rs 37344.67 Crore to Sales Value (96.89 % of Total Sales), Job Work which contributed Rs 752.65 Crore to Sales Value (1.95
% of Total Sales), Export Incentives which contributed Rs 155.14 Crore to Sales Value (0.40 % of Total Sales), Other Operating Revenue which
contributed Rs 148.89 Crore to Sales Value (0.38 % of Total Sales), Sale of services which contributed Rs 92.41 Crore to Sales Value (0.23 %
of Total Sales), Scrap which contributed Rs 31.58 Crore to Sales Value (0.08 % of Total Sales), Slag which contributed Rs 11.96 Crore to
Sales Value (0.03 % of Total Sales) and Service Charges which contributed Rs 3.12 Crore to Sales Value (0.00 % of Total Sales)for the year
For the quarter ended 30-06-2018, the company has reported a Consolidated sales of Rs 22206.00 Crore, down -19.63 % from last quarter Sales
of Rs 27630.00 Crore and up 21.44 % from last year same quarter Sales of Rs 18285.00 Crore Company has reported net profit after tax of Rs
2248.00 Crore in latest quarter
The company’s top management includes Mr.Aman Mehta, Mr.Anil Agarwal, Mr.G R Arun Kumar, Mr.K Venkataramanan, Mr.Navin Agarwal, Mr.Ravi
Kant, Mr.Tarun Jain, Mr.U K Sinha, Ms.Lalita Gupte, Ms.Priya Agarwal
Company has S R Batliboi Co
LLP as its auditoRs As on 30-06-2018, the company has a total of 3,717,196,639 shares outstanding.
