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home / news releases / VEDL - Vedanta: Capital Allocation Overhang Clouds Yet Another Strong Quarter


VEDL - Vedanta: Capital Allocation Overhang Clouds Yet Another Strong Quarter

  • Vedanta Ltd. posted another robust set of quarterly results, benefiting from the continued commodity pricing strength.
  • Planned capacity expansion is a step in the right direction as well and should boost earnings growth.
  • While a dividend hike is on the cards, the outsized debt load at parentco Vedanta Resources means capital allocation risks remain.

For further details see:

Vedanta: Capital Allocation Overhang Clouds Yet Another Strong Quarter
Stock Information

Company Name: Vedanta Limited American Depositary Shares (Each representing four equity shares)
Stock Symbol: VEDL
Market: NYSE
Website: vedantalimited.com

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