Vedanta well positioned to benefit from commodity cycle and deleverage: analysts

Vedanta’s second-quarter results met expectations for robust operating performance, with analysts seeing the miner as well-positioned to benefit from the commodity recovery as it continues its deleveraging strategy. Brokers Nuvama, Citi, ICICI Securities and Investec maintained a strong bullish stance on metals and natural resources major Vedanta Ltd. They cited factors such as Vedanta Resources’ […]