For almost 13 to 14 years the Vedanta stock has been consolidating in a range and still, the stock is trading approx 45% below its all-time high. The stock reached its all-time high in the year 2010. Let’s predict the Vedanta share price target for 2024, 2025, and 2026 based on the technical and fundamental analysis.
In April 2010, Vedanta stock reached a new all-time high at Rs. 495 and after 13 to 14 years (2024) the all-time high is not broken yet. Not only an all-time high, 10 years low of the Vedanta stock is not broken yet. Currently, the Vednta stock is trading approximately a percentage down from its all-time high.
There can be multiple reasons behind this type of stock movement i.e. frequent changes in commodity price, any changes in govt policies related to mining, no improvements in company financials, news, etc can affect any stock price very badly for the long term.
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About Vedanta
Vedanta is an Indian multinational company. It was founded in 1965. The company is involved in many mining businesses and has a few subsidiaries.
Vedanta is a mining company that is involved in the mining of Alumuniym, Zink, lead, silver, oil, gas steel copper, iron ore, and some more businesses also. Vedanta works in many countries and it is the largest natural resources conglomerates in the world.
According to the latest information, Vedanta is also developing some new technologies to increase its capacity and increase the company’s strength using the technology.
Company Fundamentals
From the fundamentals, you can know about the company in detail like the strength of the company, the right value of the company, the position of company among the all companies of the same sector, financial statements, growth of the company, and many more.
Most probably you are a retail investor, it is highly recommended to do a fundamental analysis by yourself of the stocks in which you are investing or already invested. In case, you know how to do a fundamental analysis of companies you can learn it from the Internet.
Note: The fundamentals of the Vedanta Limited company were last updated on 08 Feb 2024. Check the latest information on any broker website or screener.
Profit Growth (Last 5 Years)
| Year | Profits (In Crore) |
|---|---|
| March 2019 | ₹9,698 |
| March 2020 | -₹4,743 |
| March 2021 | ₹15,033 |
| March 2022 | ₹23,709 |
| March 2023 | ₹14,506 |
Quarterly Results (Profits)
| Quarter | Profits (In Crore) |
|---|---|
| Dec 2022 | ₹3,092 |
| Mar 2023 | ₹3,132 |
| Jun 2023 | ₹3,308 |
| Sep 2023 | -₹915 |
| Dec 2023 | ₹2,868 |
Company Essentials
| Market Cap | ₹1,04,852Cr | ROE | 12.45% |
| P/E Ratio (TTM) | 22.07 | EPS (TTM) | 12.78 |
| P/B Ratio | 3.32 | Div Yield | 36.02% |
| Industry P/E | 12.76 | Book Value | 84.96 |
| Debt to Equity | 2.38 | Face Value | 1 |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 7.74% |
| DII | 11.26% |
| Public | 17.29% |
| Promoters | 63.71% |
| Other Holders | 0.0% |
Key Points
- The Dividend Yield of the Vedanta compnay is very impressive and the compnay is also maintaining the almost same Dividend Yield i.e. 36.02%.
- On the compnay, there is a Debt of Rs. 52,508 Crore and the company has cash of Rs. 5,465 Crore.
- In the last 3 years, the profit growth and revenue growth have increased.
Quarterly Results
In the Dec 2023 Quarter, the net profit of the compnay was near Rs. 2,868 Crore. But the Sep 2023 Quarter was not good for the company as it has shown a loss of Rs. -915 Crore.
Thumb Rules for Investing
Just by doing fundamental analysis, anyone cannot book maximum returns on the stocks. Based on the investors’ experiences a few basic rules become the t rules for investing. In short, most retail investors or newbie investors make the below mistake as a result they do not get the maximum return on their investing.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge you should follow the rules to make your self psychology strong.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Vedanta Share Price Target
Vedanta Limited company is involved in multiple businesses and works with many companies too. It is the market leading in the industries they are working. The problem is that in the natural resources mining business, many things affect the price frequently as a result we can see its impact on its share price.
Many people invested in the Vedanta Limited Company to make a new passive income source. Hope you know that Vedanta Limited stocks come in the list of those stocks which pay very high dividends to their investors. You can check their dividend yield for the current time and previous quarters too.
The Vedanta stock price has been affected very badly and stuck in a range for more than 10+ years. It is not recommended to take any fresh buying if you are new in the market and don’t want to take risks. Do your analysis before making any decision about the stock.
Disclaimer: We are not SEBI registered and the below-given share target price by brokerage firms, analysts (share price forecast), and analysis by us is only for educational purposes, not any buying or selling recommendation. We will be not responsible for any profit and loss.
Vedanta Share Price Traget 2024
As you can see in the Vedanta stock chart the stock has been falling since the start of the year 2023. During the bull run the stock went up by nearly 35% but still, it is trading in a range.
It is hard to give any target for the Vedanta stock as the stock has been in a range for many years. Until the stock is in a range, you should also avoid the stock too.
Vedanta Share Price Traget 2025 and 2026
As we mentioned the stock is very risky and you should not invest in the stock based on any levels. If the stock in which promoters’ holdings are very high then the stock can be considered as a safe stock. In the Vedanta stock, the promoter’s holdings are near 63.71% but they have pledged their 100% holdings.
For the people who want to make money from dividends then the stock can be very good for them. As the stock dividend yield is near 36.4% which is very high. For dividend purposes, you can look at the stock but make sure it is very risky too.
In the last few years, there was no major jump in the sales of the compnay but the sales are slightly increasing every year with the sales, the expenses are also increasing as a result, the net profit of the company has become very lower.
There can be many more reasons why the stock is not going up. we recommend you analyze the stock and other companies in the sector to understand it in depth.
FAQs
The Vedanta stock looks very negative in the year but in 2024 or 2025 we can see the above targets only if all the above-mentioned situations go in favor of the Vedanta company.
The stock is already down approx 50% from its all-time high and there are a lot of fluctuations in the business it is involved. So, the stock is not recommended for investors who are new or don’t want to take any risk against their money.
Many factors impact the Vedanta stock price. If all the factors go in the favor of Vedanta then we can see some positive action in the stock. All the factors that affect the stock price are mentioned above.
Final Words: The commodities business in which the Vednat company is involved is very volatile. From time to time commodities prices frequently change and most probably will keep changing in the future too. Check the Vedanta share price target if the commodities prices, results, govt policy, etc. go in the favor of Vedanta company.