Investing in shares requires well-calculated, intelligent decisions based on a significant amount of study and guidance from the experts. If you've been thinking about Vedanta shares, this is the article for you. This blog article will give you a clear picture of the Vedanta share price target from 2024 to 2030. We examined the company's growth, overall performance, and future plans somewhat to put you in a position where you can make a good investment decision.
What Is Vedanta?
Vedanta Limited is one of the largest companies that focus on natural resources. They locate, extract, and then process minerals and oil & gas. Having begun in 1979, Vedanta totally centers in many sectors namely; zinc-lead-silver, iron ore, steel, copper, aluminum, power, and oil and gas.
Overview of Vedanta Share Price
Vedanta is very competitive in the field of natural resources, and is therefore one of the biggest resource companies in India. It is the biggest part of the economic and business expansion of India. Vedanta is more international and more earning than is known.
- MARKET CAP: ₹1.68LCr
- OPEN: ₹474.00
- HIGH: ₹475.00
- LOW: ₹451.70
- P/E RATIO: 32.64
- DIVIDEND YIELD: 9.36%
- 52 WEEK HIGH: ₹523.65
- 52 WEEK LOW: ₹230.75
Vedanta Share Price Target (2024-2030)
Vedanta shares have performed quite impressively during the last few years. Here's a summary of the expected share prices:
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 get Vedanta shares apart from the main traded platforms on a trading platform such as Zerodha, Upstox, Groww, or Angel One.
Peer Companies For Vedanta Share Price
Vedanta, along with many other companies, is definitely one of the main natural resource competitors, among them are:
- Hindalco Industries
- Tata Steel
- JSW Steel
- Oil and Natural Gas Corporation (ONGC)
Investor Types and Ratios For Vedanta Share Price
What is important here is who owns Vedanta shares as it is an indicator of the company's strength and growth prospects.
- Promoters: 56.38%
- Retail And Others: 15.16%
- Foreign Institutions: 12.61%
- Other Domestic Institutions: 9.13%
- Mutual Funds: 6.72%
Advantages and Disadvantages For Vedanta Share Price
Advantages:
- Wide variety of commodity resources.
- A stable profits increase and profitability.
- High yields guaranteed by dividends that bring investors steady profits.
Disadvantages:
- Dependent on changing commodity prices.
- Environmental and regulatory issues in mining operations.
FAQ For Vedanta Share Price
Who is the owner of Vedanta?
Vedanta Limited is the part of the big Vedanta Group, which is an entity of Vedanta Resources Limited, initiated by Anil Agarwal.
Should I invest in Vedanta Share right now?
Vedanta is a balanced firm with great financials and high dividends, its stocks look promising so you can consider a long-term investment in it. However, consider that volatile prices might be a risk.
What is the future growth of Vedanta?
Vedanta aims to expand its asset base, enhance production, and prospect for new possibilities in the natural resources sector, indicating its potential for the future.
Conclusion
It can be said that Vedanta has developed into a company with good financial health and prospects for the future, being a very strong competitor in the sector of natural resources. According to the specialists' assessment, Vedanta may carry out successfully in the future. In their case, long-term investors will benefit from it.