Vedanta Limited [VEDL] is 112.41% higher this YTD. Is it still time to buy?

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Vedanta Limited [NYSE: VEDL] stock went on a downward path that fall over -3.96% on Wednesday, amounting to a one-week price increase of more than 9.32%. The company report on August 5, 2021 that Vedanta Aluminium Becomes India’s Largest Green Power Purchaser.

The Company has purchased 354 Million Units of renewable energy in FY22 from the IEX Green-Term Ahead Market.


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Vedanta Aluminium Business, India’s largest producer of aluminium and value-added products, became India’s largest green power purchaser at the Indian Energy Exchange Limited (IEX) in Q1 FY22. For its largest integrated aluminium production facility at Jharsuguda, in Odisha (India), Vedanta procured 354 million units of solar and non-solar renewable energy primarily from IEX’s Green Term-Ahead Market (GTAM).

Over the last 12 months, VEDL stock rose by 244.10%.

The market cap for the stock reached $17.02 billion, with 926.28 million shares outstanding and 320.01 million shares in the current float. Compared to the average trading volume of 1.09M shares, VEDL stock reached a trading volume of 3063394 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Vedanta Limited [VEDL]:

JP Morgan have made an estimate for Vedanta Limited shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 05, 2020. The new note on the price target was released on March 30, 2020, representing the official price target for Vedanta Limited stock.

The Average True Range (ATR) for Vedanta Limited is set at 0.66, with the Price to Sales ratio for VEDL stock in the period of the last 12 months amounting to 1.47. The Price to Book ratio for the last quarter was 2.21, with the Price to Cash per share for the same quarter was set at 4.83. Price to Free Cash Flow for VEDL in the course of the last twelve months was 5.62 with Quick ratio for the last quarter at 0.80.

VEDL Stock Performance Analysis:

Vedanta Limited [VEDL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 9.32. With this latest performance, VEDL shares gained by 18.56% in over the last four-week period, additionally plugging by 55.94% over the last 6 months – not to mention a rise of 244.10% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for VEDL stock in for the last two-week period is set at 63.03, with the RSI for the last a single of trading hit 64.23, and the three-weeks RSI is set at 61.32 for Vedanta Limited [VEDL]. The present Moving Average for the last 50 days of trading for this stock 16.43, while it was recorded at 18.74 for the last single week of trading, and 13.85 for the last 200 days.

Insight into Vedanta Limited Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Vedanta Limited [VEDL] shares currently have an operating margin of +22.14 and a Gross Margin at +31.53. Vedanta Limited’s Net Margin is presently recorded at +13.23.

Return on Total Capital for VEDL is now 13.69, given the latest momentum, and Return on Invested Capital for the company is 12.09. Return on Equity for this stock inclined to 19.85, with Return on Assets sitting at 6.28. When it comes to the capital structure of this company, Vedanta Limited [VEDL] has a Total Debt to Total Equity ratio set at 105.42. Additionally, VEDL Total Debt to Total Capital is recorded at 51.32, with Total Debt to Total Assets ending up at 35.35. Long-Term Debt to Equity for the company is recorded at 61.21, with the Long-Term Debt to Total Capital now at 29.80.

Reflecting on the efficiency of the workforce at the company, Vedanta Limited [VEDL] managed to generate an average of $1,655,324 per employee. Receivables Turnover for the company is 12.72 with a Total Asset Turnover recorded at a value of 0.48.Vedanta Limited’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 1.00.

Vedanta Limited [VEDL] Insider Position Details

There are presently around $709 million, or 4.10% of VEDL stock, in the hands of institutional investors. The top three institutional holders of VEDL stocks are: BLACKROCK INC. with ownership of 5,076,951, which is approximately -12.896% of the company’s market cap and around 2.67% of the total institutional ownership; MIRAE ASSET GLOBAL INVESTMENTS CO., LTD., holding 4,671,903 shares of the stock with an approximate value of $87.13 million in VEDL stocks shares; and BAILLIE GIFFORD & CO, currently with $78.01 million in VEDL stock with ownership of nearly 1.023% of the company’s market capitalization.

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Positions in Vedanta Limited stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 61 institutional holders increased their position in Vedanta Limited [NYSE:VEDL] by around 7,169,708 shares. Additionally, 61 investors decreased positions by around 7,746,147 shares, while 15 investors held positions by with 23,105,655 shares. The mentioned changes placed institutional holdings at 38,021,510 shares, according to the latest SEC report filing. VEDL stock had 21 new institutional investments in for a total of 890,126 shares, while 12 institutional investors sold positions of 391,776 shares during the same period.

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