Vedanta Share Price History from 1990 to 2023

In this article, you will find the details of Vedanta Share Price History. Additionally, we will provide important fundamental details about Vedanta Shares.

Vedanta Share Price History

Vedanta, a prominent mining and metals company, has witnessed a rollercoaster in its financial performance. In the early ’90s, its stock price was modest at ₹1.63, and over the next three years, it experienced gradual growth.

However, it wasn’t until the late ’90s that Vedanta started to gain attention with significant surges in stock value—the years 2003 to 2007 marked a remarkable upswing for the company, driven by robust growth in the mining and metals sector. During this period, the stock price skyrocketed from ₹1.72 in 2002 to ₹190.89 in 2007, representing an extraordinary 11,000% increase.

Nonetheless, Vedanta faced challenges in the following years, with a notable dip in stock value during the global economic downturn in 2008. Subsequently, the company demonstrated resilience and staged a remarkable recovery, reaching its peak in 2021 at ₹341.10.

The year 2023, however, shows a decline in stock value to ₹225.05, reflecting fluctuations characteristic of the dynamic mining and metals industry. Vedanta’s journey exemplifies the cyclical nature of this sector, where market forces, global demand, and economic conditions significantly impact stock performance.

Also Read: Trident Share Price History

About Vedanta

Vedanta is a well-known global natural resources company that operates across various segments, including mining, metals, and oil and gas. Founded in the early ’90s, Vedanta has experienced a significant transformation and growth. The company’s journey has been marked by remarkable success and challenging periods, making it a prominent player in the natural resources sector.

The company faced challenges during the global economic downturn in 2008 but managed to recover in the following years. The stock value reached its zenith at ₹341.10 in 2021, showcasing Vedanta’s resilience and ability to adapt to changing market conditions.

However, by 2023, the stock value had declined to ₹225.05, illustrating the cyclical and often volatile nature of the mining and metals industry. Vedanta’s journey serves as a testament to the company’s growth potential and its ability to navigate through the dynamic landscape of the natural resources sector.

Fundamentals of Vedanta

Here are some primary fundamental data about Vedanta (until 2023):

Market Capitalization (Market Cap): The market cap of a company represents its total market value as determined by the stock market. In this case, the market cap of the company is ₹803,263 million, which is a significant indicator of the company’s overall size and value.

Enterprise Value: The enterprise value of a company takes into account not only its market capitalization but also its total debt, cash, and investments. In this instance, the enterprise value is ₹1,301.82 billion, signifying the total cost an investor might need to acquire the entire business.

Price-to-Book Ratio (TTM): The price-to-book (P/B) ratio is a financial metric used to assess the stock’s valuation concerning the company’s book value (assets minus liabilities). With a P/B ratio 1.26, the stock is presently trading at a relatively low premium compared to its book value.

Outstanding Shares:
The number of outstanding shares refers to the total number of shares held by all its shareholders, including institutional investors and company insiders. Here, the company has 3,708.51 million outstanding shares, which can help determine its liquidity and market distribution.

Float/Outstanding Share:
The float divided by the total outstanding shares provides insight into the proportion of shares available for public trading. In this case, the float/impressive share ratio is 33.73%, indicating that a significant portion of the outstanding shares are tradable in the market.

Dividend: The ratio of the annual dividend payment is the dividend yield to the stock’s current market price. At 31.88%, this is a substantial dividend yield, which can attract income-oriented investors looking for regular income from their investments. This percentage reflects the company’s commitment to rewarding its shareholders with dividends.

(Disclaimer: The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.)

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