Big gains come if you have the patience. Are you willing to double your money while investing in multibagger stock Vedanta? If your answer is ‘Yes’, then read this post and start to accumulate this jackpot in your portfolio. Furthermore, you will see Vedanta share price at 500+ within 3 years if you have the courage to hold it.
India’s economy is growing at a great pace and can be enhanced by its abundant natural resources. Vedanta Group is formerly known as Sesa Sterlite Ltd. has an important role to play in India’s growth. The natural resources sector also has the potential to substantially contribute to the economy. As a result, you will find investments in education, employment generation, healthcare, and nutrition from this sector as a whole.
Vedanta is implementing sustainable development and community initiatives and will continue to create significant value for all its stakeholders. So, you can start investing in multibagger stock Vedanta and easily double your money.
About Multibagger Stock Vedanta
Vedanta is a global diversified and one of the largest natural resources company in India supporting the country’s industrial growth. It mainly focuses on zinc, lead, silver, aluminium, copper, iron ore, oil & gas and commercial power.
Vedanta operates across India, South Africa, Namibia, Ireland and Australia. It also has world-class, low-cost, scalable assets that consistently generate strong profitability and have robust cash flows. Furthermore, it holds industry-leading market shares across its core divisions.
More importantly, CRISIL has revised its ratings on multibagger stock Vedanta Limited to A1+.
Area of Operations
Vedanta Limited is India’s largest and world’s second largest zinc miner and operates in India, Namibia and South Africa. Currently, it holds 79% of market share in India’s Zinc industry as the galvanizing sector continues to deliver strong growth.
Demand for zinc is increasing due to the huge investment in infrastructure and is likely to continue for many years. Vedanta Ltd. also owns 64.9% stake in Hindustan Zinc Limited (HZL). Apart from zinc, it is also one of the largest producers of silver globally.
Oil & Gas
Vedanta’s Oil & Gas operations comprise the assets of Cairn India which almost contributes over 26% of India’s annual production. Cairn India is also the largest private sector crude oil producer in India and has been operating for 20 years. It is well positioned to reduce the country’s energy import burden. Because of that, it has been playing an active role in developing India’s oil and gas resources.
Vedanta is a major supplier to the domestic market with the Goa iron ore mine. It also serves the Chinese and Japanese export markets. Furthermore, it has large iron ore mines in Goa and Karnataka and a pig iron plant in Goa. This mine consists of exploration, mining, and processing of iron ore, pig iron and metallurgical coke and power generation.
Iron Ore is the key ingredient in steel-making and is expected to benefit from increased demand in India. As a result of higher consumption of consumer durables, it will help serve the projected demand growth.
Vedanta is the largest copper rods producer in India with the lowest operating cost. Furthermore, its copper operations comprise the most efficient custom copper smelters in the world.
The demand for copper is increasing as a result of investment in infrastructure projects, growing power generation capacity and ongoing urbanization.
Currently, Vedanta serves to over 800 small and medium enterprises (SMEs) for the critical electrical sector. It is also the major supplier of copper to the country’s defense sector.
Vedanta is the largest aluminium producer in India with a capacity of 2.3 mtpa and also holds a 47% market share in India’s Aluminium industry.
Due to Aluminium’s light weight and low cost, the demand for the metal is increasing in India. Increased investment in infrastructure, power, and transportation boosted aluminium production. Government’s initiatives such as ‘Make in India’ campaign, ‘Electricity’ and ‘Housing’ for all, will drive more demand.
Vedanta’s portfolio is focused more on the value-added products and demand for its rods, billets and rolled products is likely to increase substantially. It also holds a 51% controlling stake in Bharat Aluminium Co. Ltd. (BALCO).
Vedanta is one of the largest private sector power generations company in India. The Government of India aims to supply power to all homes by 2019 and hence the availability of power in India is increasing.
Technical Analysis of Vedanta Group
Vedanta is trading at 244 and you can buy it now for a near-term target of 270 with a STOP LOSS at 220 followed by 180. If you are a short-term investor then you can sell it at 310-320 levels. Seems like, the stock has strong resistance at 380 and if it manages to break this level, you can easily see 495+.
So, my view is to accumulate the stock at the current level and keep a STOP LOSS at 130 and watch for 495+. If the stock corrects, then average the stock and please don’t scared and exit from. Fundamentally and technically the stock looks awesome, so better you hold it. I recommend you Vedanta because it has great future ahead and don’t you get panic and also please keep away from rumors.
Keep investing in multibagger stock Vedanta in NSE or BSE and make a hell lot of money. If you want to know more, then comments below.
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Author: Ratan Kumar
Ratan Kumar, an enthusiast stock market trader & blogger. Forecasting stock market moves with the use of technical analysis since 2008. For the technical trader & investor, new or experienced, he provides legitimate and valuable advisory from day trading to long-term investment horizon and helped thousands of investors to make money out of stock market.