SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Moody’s upgrades Vedanta Resources’ corporate family rating

21 Nov 2017 Evaluate

Credit rating agency, Moody’s Investors Service has upgraded London-based Vedanta Resources’ corporate family rating (CFR) and senior unsecured bond rating and placed a stable rating outlook for the company.

The upgrade of Vedanta’s ratings reflects the relatively benign operating environment and stabilizing commodity prices will aid in enhancing the company's EBITDA and cash flow generation.

The upgrade also reflects significant progress that the company has made in reducing absolute debt levels following the merger of its subsidiary Vedanta with the group’s oil and gas subsidiary Cairn India. The company has reduced about 17 percent of its gross debt.

Vedanta Share Price

787.60 4.85 (0.62%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1038.95
Vedanta 787.60
Hindustan Zinc 592.35
Jain Resource Recycl 420.90
Gravita India 1639.80
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×