When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
VEDL - Vedanta Is Cheap And Has It All: India Silver Growth Dividend Emerging Market
Vedanta Limited American Depositary Shares (Each representing four equity shares)
Vedanta Limited (VEDL) is a complex business. As a value investor, I like to look at complex business situations because those sometimes hide investing gems.
VEDL is complex due to its ownership structure, issues with Indian government (two plants closed at the moment), issues in Zimbabwe, (protests against the company), South Africa (hasn't been the best environment to do business lately) and management has done some shady transactions like when they acquired $500 million of Anglo American (AAUKF) stocks this January. All of this really hit the stock