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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.
is Rs 235.5.
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 ending 31-Mar-2017.
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.
