Vedanta wants to delist at cyclical lows, but investors may not budge
vedanta’s stock price has dropped to about half its levels in Jan and is close to its multi-year lows
Vedanta Resources Ltd has the proposed delisting of India-listed Vedanta Ltd at an opportune moment. Reflecting the decadal low commodity prices, Vedanta Ltd’s stock price has dropped to about half its levels in January and is close to its multi-year lows.
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