Want to exit Vedanta? Here’s what you have to think about
Deepak Shenoy of Capital Mind suggests that investors wait to see how the demergers of Vedanta evolve before making a decision. He believes that the demergers may be a way for the company to sell off individual businesses to repay debt at the promoter group level. Shenoy is not a fan of the demergers, as he believes they are for the convenience of the promoters rather than the company itself.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
