Vedanta shares go ex-dividend; mining giant's stock firm in the green
Vedanta share price NSE, Vedanta dividend ex-date: Shares of mining company Vedanta, NSE: VEDL build on to the initial gains on Dalal Street as the stock traded ex-dividend today, April 6.
Vedanta share price NSE, Vedanta dividend ex-date: Shares of mining company Vedanta, NSE: VEDL built on to the initial gains on Dalal Street as the stock traded ex-dividend today, April 6. Vedanta opened at Rs 266.4 and touched its day's high at Rs 272.5. Building on to the initial gains the share at 12:07 rose Rs 4.25 or 1.60 per cent to Rs 270.
So far 1,58,38,082 Vedanta shares have exchanged hands of 42,716.9 lakh value on the bourse.
Vedanta had announced an interim dividend of Rs 20.50 per equity share with a face value of Re 1 per share.
Vedanta Intraday movement
(Source: NSE)
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Vedanta dividend record date 2023
The record date for the purpose of determining the entitlement of the equity shareholders for the said dividend, if declared, is being fixed as Friday, April 7.
Vedanta share price target
Brokerage Citi has maintained a 'neutral' stance on Vedanta. Although it has cut its target price to Rs 265 from Rs 335.
Vedanta share price history
So far this year Vedanta shares have corrected 15 per cent, in the period where NIfty 50 has corrected nearly 3 per cent.
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