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Moneycontrol NaNd ago
Vedanta Aluminium stock rating: Citi bullish despite post-listing decline, expects aluminium prices to recover
Citi said it expects global aluminium prices to remain supported by persistent supply deficits despite recent weakness in the market. The bullish views come days after Vedanta Chairman Anil Agarwal outlined aggressive growth plans for the business, saying aluminium capacity could double.
GLOBALNRAILPERSISTENTVAMLVEDLConsumer ServicesForest Materials
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Moneycontrol NaNd ago
Anil Agarwal sees each Vedanta demerged entity becoming $100 billion business; targets 10 mt aluminium capacity
Vedanta Chairman Anil Agarwal said the restructuring would allow investors to better appreciate the value of each business independently. The Vedanta chief was particularly bullish on the aluminium business, which has emerged as the most valuable of the group's newly listed entities.
NRAILVALUEVEDLFinancial ServicesForest Materials