How Automation is Driving Efficiency Through the Last Mile of Reporting
Short term gains Vedanta stock
1. BUY TO SELL STOCKS FOR SHORT TERM GAINS
30TH JUNE 2017
VEDANTA LTD BUY POTENTIAL UPSIDE: 17.2%
CURRENT MARKET PRICE: 249.05 TARGET PRICE: 292.00
BSE Code 500295 Market Cap (Crores) 92576.72
NSE Code VEDL Dividend Yield 7.81
Book Value 162.83 P/E 13.77
Face Value 1 EPS 18.08
STOCK RECOMMENDATION
2. 15% @ 90 DAYS – JUNE 2017
- 2 - SARAL GYAN CAPITAL SERVICES
Comparative Chart (Last 1 Year)
Returns: Vedanta & Nifty:
Nifty: 14.3% Vedanta: 84.2%
Stock Resistance and Support:
1st Resistance – 260 1st Support – 233
2nd Resistance – 276 2nd Support – 220
3. 15% @ 90 DAYS – JUNE 2017
- 3 - SARAL GYAN CAPITAL SERVICES
Financials at a Glance:
Quarterly Results of Vedanta Ltd (Rs. In Crores)
Particulars Mar 2017 Dec 2016 Sep 2016 Jun 2016
Audited / UnAudited UnAudited UnAudited UnAudited UnAudited
Net Sales 22,511.27 19,320.03 16,583.72 14,364.01
Other Operating Income -- 97.05 193.96 73.07
Total Income From Operations 22,511.27 19,417.08 16,777.68 14,437.08
Consumption of Raw Materials 6,550.28 6,077.58 4,864.26 5,036.20
Purchase of Traded Goods 101.02 93.77 25.29 428.7
Increase/Decrease in Stocks 126.9 -775.34 -95.3 -491.48
Power & Fuel 2,985.18 2,781.73 2,258.84 2,206.76
Employees Cost 591.28 618.83 550.75 578.48
Depreciation 1,603.69 1,520.25 1,528.85 1,492.04
Admin. And Selling Expenses -- -- -- --
R & D Expenses -- -- -- --
Provisions And Contingencies -- -- -- --
Other Expenses 4,806.52 4,740.98 4,506.46 3,238.81
Other Income 920.76 1,032.90 1,252.08 1,093.53
P/L Before Int., Excpt. Items & Tax 6,667.16 5,392.18 4,390.61 3,041.10
Interest 1,503.48 1,508.22 1,450.28 1,393.06
P/L Before Excpt. Items & Tax 5,163.68 3,883.96 2,940.33 1,648.04
Exceptional Items -114.4 -- -- --
P/L Before Tax 5,049.28 3,883.96 2,940.33 1,648.04
Tax 669.53 896.81 662.34 491.35
P/L After Tax 2,988.88 2,987.15 2,277.99 1,156.69
Prior Year Adjustments -- -- -- --
Net Profit/(Loss) 2,988.88 2,987.15 2,277.99 1,156.69
Minority Interest -- -1,118.83 -1,026.07 -541.67
Equity Share Capital 296.5 296.5 296.5 296.5
EPS 5.33 6.29 4.22 2.07
No Of Shares with Public 1,10,09,48,011 1,10,09,48,011 1,10,09,48,011 1,10,09,48,011
Public Share Holding (%) 37.14 37.14 37.14 37.14