1st Indian Company To Be Listed On London Stock Exchange, Gained 6% In Last 5 Days:

Vedanta Ltd. is a large-cap company that has a market capitalization of 85,755 crore. It is a globally diversified natural resources company with interests in zinc-lead-silver, Iron ore, Steel, Copper, Aluminium, Power, Oil, and Gas.

Vedanta is the first Indian company to be listed on the London Stock Exchange. Anil Agarwal, founder, and CEO of Vedanta Resources recently informed on Twitter, "After starting my metal business, I wanted my company to trade at fair value but family businesses were ruling the Indian market so my company's valuation was low. Global companies were getting listed on the LSE and I wanted to be one of them. In fact, I dreamt of being the biggest, so decided to move to London."

Stock to Watch: Vedanta Ltd. - NSE performance

The current market price of Vedanta Ltd. stood at Rs. 230.45/share on NSE, gaining by 9.09%, till last traded. In the last 5 days, the share price of this company has gained by 5.86% on NSE, but in the last 1 month, its share price has fallen by 20.47%. In the past 6 months, its stock price has fallen by 32.18%. Additionally, in the last 1 year its stock price has fallen by 15.03%.

The 52-week high level of this stock is Rs. 440.75, and the 52-week low level of this stock is Rs. 206.00.

Market capitalization	Current market price	5 days performance	1 Month performance
Rs. 85,755 crore	Rs. 230.45	5.86%	-20.47%

Company performance

According to data available with NSE, in Q3 FY22, the company's Total Income stood at Rs. 18,84,100 lakh, as against Rs. 16,18,700 lakh in the previous quarter. The company's Profit before tax (PBT) was reported at Rs. 4,75,200 lakh in Q2 FY22, as against Rs. 7,18,600 lakh in Q2 FY22. Additionally, its Net Profit stood at Rs. 4,15,681 lakh, as against Rs. 6,47,300 lakh in the earlier quarter.

Disclaimer

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