Business

Vedanta Shines Bright: Brokerages Predict Strong Earnings on Aluminium Boom, LME Upside


Global and Indian brokerages remain bullish on Vedanta Ltd., forecasting robust earnings growth into FY26-FY27. Analysts cite rising LME prices, vertical integration in aluminium, INR depreciation, and upcoming project commissioning as key growth drivers.

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Vedantaโ€™s Credit Ratings Reaffirmed by CRISIL and ICRA; Markets Rebound After Short-Seller Allegations


CRISIL and ICRA have reaffirmed Vedantaโ€™s long-term credit ratingsโ€”CRISIL AA and ICRA AA, while Hindustan Zinc Ltd retained its CRISIL AAA ratingโ€”signaling strong financial performance, stable operations, and effective governance. These endorsements come in the wake of short-seller Viceroyโ€™s recent allegations, which the agencies have dismissed as unsubstantiated. CRISIL confirms that stock prices for Vedanta and HZL have recovered post-allegation, with all ratings kept under continuous surveillance.