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CRISIL Ratings upgrades Vedanta’s long-term rating to ‘AA’

25 Feb 2022 Evaluate

Credit rating agency -- CRISIL Ratings has upgraded Vedanta’s long-term rating to ‘AA’ from ‘AA-’. The agency has also revised the outlook to ‘Stable’ from ‘Positive’.

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.

Peers
Company Name CMP
Hindalco Industries 860.50
Vedanta 226.00
Hindustan Zinc 497.00
Jain Resource Recycl 289.30
CMR Green Tech 196.00
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