Vedanta Ltd. Shows Resilience with Notable Stock Recovery Amid Market Challenges

Jan 14 2025 09:50 AM IST
share
Share Via
Vedanta Ltd. experienced a notable gain on January 14, 2025, after four days of declines, reaching an intraday high. The stock outperformed the Metal - Non Ferrous industry and the Sensex, despite trading below several moving averages. Its high dividend yield may attract investor interest amid recent challenges.
Vedanta Ltd., a key player in the non-ferrous metals sector, saw a notable gain of 3.06% on January 14, 2025, marking a significant turnaround after four consecutive days of declines. The stock reached an intraday high of Rs 428.5, reflecting a 3.65% increase during the trading session.

In terms of market performance, Vedanta outperformed the Metal - Non Ferrous industry, which recorded an overall gain of 2.65%. Additionally, the stock's performance surpassed that of the Sensex, which increased by only 0.46%. However, it is important to note that Vedanta is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Investors may be attracted to Vedanta's high dividend yield of 10.39% at the current price point. Over the past month, the stock has experienced a decline of 17.70%, in contrast to the Sensex's decrease of 6.64%. Overall, Vedanta's recent performance underscores its resilience amid a challenging market landscape.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News