TATA Steel Could Retake Capacity Crown as 20% of Indian Steel Capacity up for Grabs
The Reserve Bank of India published a list of companies that has a collective outstanding debt value of around INR2,000bn during 2017. This list...
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Vedanta Resources: 9-Month Results on Track
Vedanta Resources PLC (VED LN) (Vedanta) 9M FY18 results, ended last December, were within our expectation. Zinc and oil businesses contributed 77%...
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JSW Steel: A Race of EBITDA Against Debt
We initiate our coverage on JSW Steel Ltd (JSTL IN) (JSW) with a NEUTRAL recommendation on all JSTLIN complex as we believe the complex is...
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Vedanta Resources: Getting ZINCronized
Vedanta Resources PLC (VED LN) ("Vedanta")'s rating upgrade by Moody's on 20-November reflects India's sovereign rating upgrade 3 days before, in...
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Vedanta Buoyed by Surging Commodity Prices and Improved Output but What Is Agarwal's Vision?
With Vedanta Resources plc (VRplc) (VED LN) gross debt reaching record levels of USD18.2bn at FYE March 2017, and following some mediocre Q1 FYE...
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