News stories about Vedanta (NYSE:VEDL) have been trending somewhat positive on Thursday, InfoTrie reports. The research group identifies negative and positive press coverage by analyzing more than 6,000 news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Vedanta earned a news impact score of 0.57 on their scale. InfoTrie also assigned headlines about the basic materials company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock’s share price in the near future.

These are some of the media headlines that may have effected Vedanta’s analysis:

Shares of NYSE VEDL opened at $10.85 on Thursday. The company has a current ratio of 0.98, a quick ratio of 0.77 and a debt-to-equity ratio of 0.47. The firm has a market cap of $10.07 billion, a price-to-earnings ratio of 8.03 and a beta of 1.52. Vedanta has a 12-month low of $8.34 and a 12-month high of $19.05.

Vedanta (NYSE:VEDL) last issued its quarterly earnings data on Thursday, January 31st. The basic materials company reported $0.24 EPS for the quarter. Vedanta had a return on equity of 20.98% and a net margin of 9.59%. The firm had revenue of $3.29 billion during the quarter.

The firm also recently disclosed a dividend, which was paid on Monday, March 18th. Stockholders of record on Monday, March 18th were issued a dividend of $0.085 per share. The ex-dividend date was Friday, March 15th.

Several brokerages recently issued reports on VEDL. CLSA cut Vedanta from a “buy” rating to a “sell” rating in a research note on Friday, February 1st. Bank of America cut Vedanta from a “buy” rating to a “neutral” rating in a research report on Friday, February 1st. Goldman Sachs Group cut Vedanta from a “buy” rating to a “neutral” rating in a research report on Friday, February 1st. Finally, HSBC cut Vedanta from a “buy” rating to a “hold” rating in a research report on Friday, March 29th. One analyst has rated the stock with a sell rating and four have assigned a hold rating to the company. Vedanta presently has a consensus rating of “Hold”.

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Vedanta Company Profile

Vedanta Limited operates as a diversified natural resources company in India. The company produces oil and gas, zinc, lead, silver, iron ore, copper, and aluminum. It also operates 1,980 megawatts (MW) thermal coal-based commercial power facilities; a 600 MW thermal coal-based commercial power facility in Jharsuguda; a 600 MW thermal coal- based commercial power facility in Korba; 274 MW wind power plants; and a 100 MW power plant.

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