Vedanta Ltd (ADR) (NYSE:VEDL) has been upgraded to Buy in a report by Citigroup Inc. today.
- Updated: October 9, 2016
Displaying a price of $11.36, Vedanta Ltd (ADR) (NYSE:VEDL) traded -0.77% lower on the day. The last stock close price is up 44.52% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the same period. The company has recorded a 50-day moving average of $10.27 and a 200-day moving average of $8.05. 96,909 shares of the stock were exchanged, down from an average trading volume of 198,766
Citigroup Inc. has upgraded Vedanta Ltd (ADR) (NYSE:VEDL) to Buy in a report released on 10/05/2016.
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Vedanta Ltd (ADR) has a 52 week low of $3.52 and a 52 week high of $11.83 VEDL’s total market value is presently $0.
Brief Synopsis About Vedanta Ltd (ADR) (NYSE:VEDL)
Vedanta Limited, formerly Sesa Sterlite Limited, is a global diversified natural resource company. The Company's segments are Copper; Aluminium; Iron Ore; Power; Zinc, Lead and Silver; Oil and Gas, and Others. Its zinc business is operated by Hindustan Zinc Limited (HZL). Its zinc international business comprises the Skorpion mine and refinery in Namibia and the Lisheen mine in Ireland. Its oil and gas business is owned and operated by Cairn India Limited (Cairn), which has a resource base with interest in over seven blocks in India and one in South Africa. Its iron ore business consists of exploration, mining and processing of iron ore, pig iron and metallurgical coke and power generation. Its copper business is operated by Vedanta Ltd, copper mines of Tasmania Pty Ltd. (CMT) and Fujairah Gold FZC. Its aluminum business is operated by Vedanta Ltd. and Bharat Aluminium Company Limited. Its power business is operated by Vedanta Limited and Talwandi Sabo Power Limited.
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