Vedanta anticipates a strong FY27 driven by record profits. The company plans to significantly reduce debt, invest in expansion, and continue rewarding shareholders. Leverage is projected to reach a new low. Vedanta is also proceeding with its demerger, with four new companies set to list soon. Some businesses are expected to be debt-free post-demerger.
Oil Price Today (April 30): Crude oil soars to $120, hits highest level since 2022. What are experts saying?
Oil prices surged to their highest levels since mid-2022 amid growing concerns over a prolonged U.S. blockade on Iranian exports and stalled nuclear negotiations. This