Vedanta vs Viceroy: JP Morgan says don't get distracted, remain longJP Morgan dismisses Viceroy Research's claims against Vedanta. The brokerage firm maintains a positive outlook on Vedanta and its bonds. JP...
Vedanta Resources secures $600 mn loan for refinancing high-cost pvt credit facilityVedanta Resources has secured a USD 600 million term loan to refinance a high-cost private credit facility, with USD 380 million already co...
Vedanta Resources eyes investment grade rating, plans to cut debt to USD 3 bn by FY27Vedanta Resources Ltd (VRL) aims for an investment-grade credit rating, driven by deleveraging, a proposed demerger at Vedanta Ltd, and str...
VRL Logistics shares locked in 20% upper circuit on strong Q3 printShares of VRL Logistics surged by as much as 20% on Thursday, hitting the upper circuit limit at Rs 559.50 on the BSE. The logistics compan...
Buy VRL Logistics, target price Rs 655: ICICI SecuritiesICICI Securities recommends buying VRL Logistics with a target price of Rs 655. VRL, a Small Cap company in the Logistics sector, reported ...
Vedanta stock gains as S&P upgrades UK Parent VRL’s ratingVedanta shares rallied as much as 4% on Friday after rating agency S&P Global Ratings upgraded the rating of its UK based parent, Vedanta R...
VRL Logistics outlook: Should you buy this stock? Know why analysts are bullish on this stockVRL Logistics: Analysts are confident about VRL Logistics due to its aggressive expansion and investment plans, and the promising outlook o...
Vedanta Resources' bonds decline on profit drop at India-listed armVRL faces potential rating action by S&P Global in the absence of a credible refinancing plan by July end for $1 billion bonds. On Friday, ...
Vedanta shares fall 3% on weak Q1 results. Should you buy or sell?Following the Q4 results, Kotak Institutional Equities maintained its 'Sell' rating on Vedanta with a target price of Rs 215 (Rs 235 earlie...
CreditSights recommends ‘buy’ on VRL offshore bondsCreditSights, owned by Fitch Ratings, has recommended investors buy bonds of Vedanta Resources (VRL) with a high-risk appetite and a possib...
Buy VRL Logistics, target price Rs 730: Motilal Oswal Financial ServicesPromoters held 69.59 per cent stake in the company as of 30-Sep-2022, while FIIs owned 5.37 per cent, DIIs 14.45 per cent.
Fundamental Radar: This smallcap logistics player can hit fresh record highs; rally up to 40% in 1 year“With robust industry outlook and aggressive branch addition, VRL is on track to clock 18% volume growth in Goods Transport (GT) segment ov...
Buy VRL Logistics, target price Rs 770: ICICI SecuritiesVRL Logistics Ltd., incorporated in the year 1983, is a Small Cap company (having a market cap of Rs 5477.30 Crore) operating in Logistics ...
Large dividend from India unit boosts Vedanta Resources' refinancing efforts: Moody'sOn April 28, 2022, mining company Vedanta Ltd announced that its board of directors approved an interim dividend of Rs 11,710 crore (USD 1....
Buy VRL Logistics, target price Rs 690: Motilal Oswal SecuritiesWith a pickup in demand and branch additions in untapped regions, the brokerage expects VRLL to clock 21% revenue CAGR over FY21-24E. With ...
Venus Remedies FY 21 results: Co posts net profit of Rs 62 croreCapitalising on its execution of large export orders even in the face of COVID-19 constraints, VRL's annual sales grew to Rs 548.12 crore i...
VRL Logistics more of a transporter than logistics company; stock price to adjust: Ambareesh BaligaCurrently the way the VRL stock is performing, the sort of valuations it will be getting is more towards the logistic play.