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Ind-Ra revises Vedanta's outlook to positive

27 Dec 2021 Evaluate

Credit rating agency -- India Ratings and Research (Ind-Ra) has revised the Vedanta’s outlook to positive from stable. Besides, the long-term issuer rating has been affirmed at ‘AA-’.

The outlook revision reflects a likely improvement in the operational cash flow for FY22 and FY23 because of a significant increase in the operating profitability, led by enhanced volume performance, cost improvements across segments and a sharp recovery in metal prices.

Vedanta is a diversified natural resources company, whose business primarily involves producing oil and gas, zinc- lead-silver, copper, iron ore, aluminium and commercial power.

Vedanta Share Price

316.40 12.50 (4.11%)
06-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1046.35
Vedanta 316.40
Hindustan Zinc 634.50
Jain Resource Recycl 462.25
Gravita India 1794.30
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