Vedanta is open one of those stocks that is stuck in a range for the last many years. Still, it is trading in the same range and it looks like it will spend more time trading in the same range. Let’s analyze the Vedanta share price target based on the technical analysis, fundamental analysis, and also experts’ advice.
In April 2010, Vedanta stock created a new all-time high at Rs. 495 and after 13 years (2023) 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 approx % down from its all-time high.
There can be multiple reasons behind this type of stock movent 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 business and have 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 18 August 2023. Check the latest information on any broker website or screener.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | 44,796.00 |
| March 2020 | 38,728.00 |
| March 2021 | 48,388.00 |
| March 2022 | 71,624.00 |
| March 2023 | 89,342.00 |
Quarterly Results (Last 5 Years)
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | 17,913.00 |
| Sep 2022 | 16,998.00 |
| Dec 2022 | 15,832.00 |
| Mar 2023 | 17,337.00 |
| Jun 2023 | 15,907.00 |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 86,740.84 Cr |
| ENTERPRISE VALUE | Rs. 1,33,783.84 Cr. |
| NO. OF SHARES | 371.72 Cr. |
| P/E | 2.98 |
| P/B | 1.22 |
| FACE VALUE | Rs. 1 |
| DIV. YIELD | 43.49 % |
| BOOK VALUE (TTM) | Rs. 191.14 |
| CASH | Rs. 5,465 Cr. |
| DEBT | Rs. 52,508 Cr. |
| EPS (TTM) | Rs. 78.26 |
| SALES GROWTH | 7.59 % |
| ROE | 37.69 % |
| ROCE | 25.74 % |
| PROFIT GROWTH | 58.63 % |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | 7.48 % |
| DII | 10.05 % |
| Public | 14.36 % |
| Promoters | 68.11 % |
| Other Holders | 0.0 % |
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 will face 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 did 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, there are many things that affect the price frequently as a result we can see its impact on its share price.
There are many people who 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.
As the Vedanta stock price is 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 own analysis before taking any decision about the stock.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Vedanta Share Price Traget 2023
As you can see in the Vedanta stock chart that the stock is falling since the start of the year 2023 and still it is falling. On the weekly chart, there is a support where or near the support the stock price can wait and bounce back.
in 2023, Vedanta’s share price target looks very negative and there is a very high chance that it will go down in the upcoming few weeks. Also, a lot of experts also given a negative target for the Vedanta stock price.
Vedanta Share Price Traget 2025
In the last 2024 or 2025 maybe we can see some positive action in the stock. As we already shared above that the commodities prices affect the company’s financials and the stock price very badly. There are also many reasons that can affect the stock price like results, news, govt policies, etc.
If in the future, the commodities prices go in the favor of the company. Then we can see some good actions in the company quarterly and year financial which can be a reason to make the stock price bullish.
The technical analysis and chart pattern for the stick can only work to take short-term trade not long-term. So, focus on the company financials and the news related to the stock and the business in which the company is involved.
In 2024 or 2025, you can see Vedanta’s share price target at Rs. 300 – 325. If it breaks its Rs. 325 resistance then we can see the target of Rs. 350 – 370.
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.
As 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.
There are many factors that 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 are 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.