Moody’s downgrades outlook on Vedanta to ‘negative’, shares fall over 1%
2022-02-16
SynopsisThe continued delay in refinancing its upcoming debt maturities with long-term funding raises concerns over the company’s liquidity management, even as supportive commodity prices have improved its key financial metricsAgenciesVedanta Resources (VRL) is the parent company of India-listed VedantaNEW DELHI: Shares of mining company Vedanta fell over a per cent in trading on Wednesday afterContinue Reading