5 Best Zinc Stocks to Buy Now

4. Vedanta Limited (NYSE: VEDL)

Number of Hedge Fund Holders: 10  

Vedanta Limited (NYSE: VEDL) is an India-based mining company founded in 1979. It is ranked fourth on our list of 10 best zinc stocks to buy now. Vedanta stock has offered investors more than 203% in returns over the past year. The company has a diverse list of operations in the natural resources field, with interests in projects related to oil and gas, zinc, lead, silver, copper, aluminum, iron ore, steel, and other metals. It also owns power facilities and logistics services operations in different ports. 

On May 13, Vedanta Limited (NYSE: VEDL) posted earnings results for the fourth fiscal quarter, reporting earnings per share of ₹18.94 and a revenue of ₹278.84 billion, up 42% year-on-year. The shares of the company jumped 0.5% after the results were announced.

At the end of the first quarter of 2021, 10 hedge funds in the database of Insider Monkey held stakes worth $85 million in Vedanta Limited (NYSE: VEDL), the same as in the preceding quarter worth $68 million.