Vedanta - Well Positioned To Capture Domestic Growth Story With Strong Product Portfolio: Motilal Oswal

"NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.Though the global commodity landscape is witnessing multiple headwinds, India is outshining the global peers. Domestic demand continues to remain robust, driven by higher demand and Vedanta Ltd. being the largest natural resources company in India with a diversified portfolio of low cost – long life assets is expected to benefit from this growth story. We believe that despite Vedanta undertaking multiple capex to expand its capacities across verticals, this will continue to exert pressure on the company’s cash flows.We believe, the recent LM, which resulted in elevated cost of borrowings would reduce HoldCo’s flexibility to deleverage going forward, and hence, HoldCo. would have to further rely on Vedanta’s dividend payout, which would further exert pressure on the company.We believe that until the debt repayment overhang at HoldCo is resolved, debt overhang at Vedanta and Hindustan Zinc Ltd. will continue to loom.  Vedanta is currently trading at 6.3 times FY26E enterprise value/Ebitda multiple and 3.8 times FY26E price/book multiple and we believe the stock is adequately priced in. We reiterate our Neutral rating on the stock with our SOTP-based target price of Rs 270..Click on the attachment to read the full report:.DreamFolks - Landing Gear Retracted; Charting A Steep Trajectory: Motilal Oswal Initiates Coverage With A Buy.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner."

Vedanta - Well Positioned To Capture Domestic Growth Story With Strong Product Portfolio: Motilal Oswal

The proposed demerger of existing business verticals into six independent pure-play companies aims to unlock stakeholders value, attract strategic investment, improve competencies, ensure transparency

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Vedanta - Well Positioned To Capture Domestic Growth Story With Strong Product Portfolio: Motilal Oswal

The proposed demerger of existing business verticals into six independent pure-play companies aims to unlock stakeholders value, attract strategic investment, improve competencies, ensure transparency

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