First let us tell you about the returns of the stock. In three months, the stock has given a return of 10 percent. At the same time, the share price has doubled i.e. 118 percent in a year. Also, let us tell you that the dividend yield of the company is also more than 6 percent.
This company is Vedanta Ltd. The data released on the exchange clearly shows that FIIs' buying has been going on for a long time. In December 2023, the stake was 7.74 percent. After this, in March 2024, it increased to 8.77 percent, in June 2024, FIIs increased the stake to 10.23 percent. The data of September 2024 shows that the stake has now increased to 11.45 percent.
The company is known for its dividends. It gave a dividend of Rs 20 in September 2024, Rs 4 in August and Rs 11 in May 2024. At the same time, in the year 2023 and 2022, the company gave dividend 4 times each.
Like FIIs, DIIs have also bought shares in large numbers. The information released on the exchange clearly shows that the buying of DIIs i.e. domestic institutional investors has been going on for a long time. In December 2023, the share was 11.26 percent. After this, in March 2024, it increased to 13.22 percent, in June 2024, DIIs increased the share to 14.85 percent. The figures of September 2024 show that the share has now increased to 16.47 percent.
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