@hardik_shah1
Regarding Vedanta, I feel the valuations are what they are precisely for the reason that there are some doubts in the minds of investors. I feel that the promoter is a wily operator who has been in similar situations multiple times. The Co. has after I wrote the post has paid another round of interest on its NCD’s.
Meanwhile, the shareholders too have received a dividend of Rs. 11/- per share. I feel comfortable holding Vedanta & expect the demerger to go through which should result in decent value creation. At least the downside is pretty limited.
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