Vedanta Best Placed To Benefit From Rising Commodity Prices, Say Analysts

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Vedanta Best Placed To Benefit From Rising Commodity Prices, Say Analysts

Mining conglomerate Vedanta Ltd is likely to see less pressure on cash flows after liability management at the holding company level and is now best placed to ride rising commodity prices, analysts said.Improved performance in aluminium, power and zinc enabled the company to turn in EBITDA of Rs 87,600 crore in the January-March quarter, up by 4% quarter-on-quarter. The improved performance was attributable to lower cost of production in alumini…