Vedanta shares have struggled despite a strong 7% dividend yield and robust operational performance. Analysts remain cautious due to the pending demerger and past governance issues. While some advise waiting, others see long-term value, driven by Hindustan Zinc’s growth plans, aluminium expansion, and the company’s focus on debt reduction.
Banks unlikely to reduce deposit rates despite RBI easing
Following the latest repo rate decrease, bankers foresee only slight adjustments to deposit rates. The landscape, characterized by sluggish savings yields and elevated credit-deposit ratios,