Vedanta Share News: The effect of market volatility was also seen on Vedanta shares today. The stock closed in the red today. In such a situation, how much strength can the share show in the long term? Let us take a look at what is the opinion of market experts on these stocks.
advice to hold
Rajesh Satpute of www.rajeshsatpute.com Said that there has been a correction from around Rs 520. After correcting from this level, the stock is stuck around its 200 day moving average. 200 DEMA has been formed around Rs 424. From the correct level, there is a resistance level in the stock around Rs 465. Rajesh Satpute further said that the investors who are invested in this stock should remain in it.
How is the stock trending?
Vedanta shares closed at Rs 446.50 today on NSE with a fall of Rs 5.00 or 1.11 per cent. The 52 week high of the stock is at Rs 526.95 while the 52 week low is at Rs 249.50. Vedanta shares have given a return of 38.11 percent to its investors in 3 years. Whereas a growth of 77.08 percent was seen in 1 year. However, it saw a decline of 0.74 percent in one week.
Let us inform you that recently Vedanta will hold a meeting of its equity shareholders, secured and unsecured creditors on February 18 to take forward the demerger process. The meeting will be held through video conferencing or other methods.
Budget Bonanza: These shares will create a stir in the budget, place bets in great calls as suggested by experts
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