This text is about the price targets of shares of Vedanta of the last few years and at the same time provides me with the information which will prompt me to make wise decisions regarding nVedanta shares.
What Is Vedanta?
Vedanta Limited namely a major firm in the natural mineral industry which goes about searching for, takes out, and hands on the minerals, oil and gas. Vedanta came into being in 1979and it’s into various areas namely zinc, lead, silver, iron ore, steel, copper, aluminum, power, and oil and gas.
Overview of Vedanta Share Price
Vedanta is the one of the largest natural resource companies in India. It helps the business and economy of the country to grow. The company operates in several markets and can make a lot of money. Here are some interesting numbers you have enough of about Vedanta’s shares:
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- Market Cap: ₹1.68 Lakh Crore
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- Open: ₹474.00
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- High: ₹475.00
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- Low: ₹451.70
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- P/E Ratio: 32.64
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- Dividend Yield: 9.36%
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- 52 Week High: ₹523.65
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- 52 Week Low: ₹230.75
Vedanta Share Price Target (2024-2030)
The performance of Vedanta shares had a good track record with an upward course in the past. Here are envisaged stock prices of Vedanta from now till late 2020s:
| Year | Share Price Target |
|---|---|
| 2024 | ₹510.66 |
| 2025 | ₹590.25 |
| 2026 | ₹684.01 |
| 2027 | ₹766.30 |
| 2028 | ₹887.54 |
| 2029 | ₹925.70 |
| 2030 | ₹1022.00 |
How to Purchase Vedanta Shares
You can access Vedanta shares through online trading platforms like Zerodha, Upstox, ICICI Direct, and Angel One.
Peer Companies For Vedanta Share Price
Vedanta has a lineup of several other natural resources counterparts it trades with directly or indirectly. Thesefirm are Hindalco Industries, Tata Steel, JSW Steel and Oil and Natural Gas Corporation (ONGC).
Investor Types and Ratios For Vedanta Share Price
By having a look at the ownership distribution of the Vedanta shares one can have more information about its stability and possible growth prospects.:
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- Promoters: 56.38%
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- Retail And Others: 15.16%
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- Foreign Institutions: 12.61%
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- Other Domestic Institutions: 9.13%
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- Mutual Funds: 6.72%
Advantages and Disadvantages For Vedanta Share Price
Advantages:
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- Many types of natural resources
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- Continuous earning and profitability of the company despite the types of challenges
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- Dividend Yield is the percentage of the dividends given to the investors and it is very high thus it gives the investors steady returns
Disadvantages:
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- Affected by changes in commodity prices
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- Problems related to laws and important issues concerning the environmental and mining industries
FAQ For Vedanta Share Price
Who owns Vedanta?
Vedanta Limited is wholly owned by Vedanta Resources Limited which is a group in the Vedanta group. Mr.Agarwal, to start with, founded the company.
Should I invest in Vedanta shares right now?
The long term prospect of Vedanta shares is the unquestionable value of its existences in many businesses and the dividend making the company look more prosperous financially. However, please try to be cautious as there are always commodity price changes when investing in them.
What is the future growth of Vedanta?
The recent improvement has seen an increase in the production capacity of natural resources am that to hike the production of new reserves and redevelop existing mines. Projects for the processing of lead-zinc-gold were also suggested, which is a clear sign of future growth for Vedanta.
Conclusion
To summarize, Vedanta is a powerful company in the natural resources industry with good improvement of financial status, the company can foster its future to the top. Based on expert opinions, Vedanta shares are expected to perform well in the coming years. Therefore, buying Vedanta would be a smart move for people who like to invest in the long term.