Kotak upgrades Vedanta shares to Buy and raises price after NCLT nod for demerger

Shares of metals and mining giant Vedanta could rise as much as 14%, according to Kotak Institutional Equities. The company has upgraded the shares to buy and raised the price target after the company received formal approval from the National Company Law Tribunal (NCLT) for its proposed demerger into multiple independent, sector-focused listed entities.With a […]