Press coverage about Vedanta Limited (NYSE:VEDL) has trended somewhat positive this week, according to Accern. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Vedanta Limited earned a media sentiment score of 0.24 on Accern’s scale. Accern also assigned headlines about the basic materials company an impact score of 44.863941188389 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the news headlines that may have impacted Accern Sentiment’s rankings:

Several research firms have weighed in on VEDL. BidaskClub upgraded Vedanta Limited from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Jefferies Group LLC downgraded Vedanta Limited from a “hold” rating to an “underperform” rating in a research note on Thursday, June 8th. Finally, Goldman Sachs Group, Inc. (The) downgraded Vedanta Limited from a “conviction-buy” rating to a “buy” rating in a research note on Tuesday, April 25th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and three have issued a buy rating to the stock. The stock presently has an average rating of “Hold”.

Vedanta Limited (NYSE:VEDL) traded up 2.37% on Friday, reaching $18.11. The company’s stock had a trading volume of 486,172 shares. The firm has a 50-day moving average of $15.98 and a 200 day moving average of $15.41. The company has a market capitalization of $16.81 billion, a price-to-earnings ratio of 14.37 and a beta of 1.88. Vedanta Limited has a 12-month low of $9.31 and a 12-month high of $18.30.

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Vedanta Limited Company Profile

Vedanta Limited is a natural resource company engaged in the business of manufacturing copper and copper products, and aluminum and aluminum products. The Company’s segments include Copper, which consists of manufacturing of copper cathode, continuous cast copper rod and anode slime, including from purchased concentrate and manufacturing of precious metal from anode slime, sulfuric acid, phosphoric acid; Iron ore; Aluminium, which consists of manufacturing of alumina and various aluminum products; Power, which consists of power, including power facilities engaged in generation and sale of commercial power, and Other, which consists pig iron and metallurgical coke.

Insider Buying and Selling by Quarter for Vedanta  Limited (NYSE:VEDL)

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