15% @ 90 Days Stock - Jun 2017, Vedanta Ltd, Technical Analysis

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
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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

4. 15% @ 90 DAYS – JUNE 2017
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Basis of Recommendation:
i) Technical Analysis
Disclaimer:
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