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.
Tag: Hindustan Zinc
Vedantaโs Credit Ratings Reaffirmed by CRISIL and ICRA; Markets Rebound After Short-Seller Allegations
CRISIL and ICRA have reaffirmed Vedantaโs long-term credit ratingsโCRISIL AA and ICRA AA, while Hindustan Zinc Ltd retained its CRISIL AAA ratingโsignaling strong financial performance, stable operations, and effective governance. These endorsements come in the wake of short-seller Viceroyโs 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.
