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Vedanta's Roller Coaster Ride: Will it Survive or Will it Thrive? Let's dive deep to find out Hey Everyone! So, have you heard about what's going on with Vedanta Resources Limited? It's quite the story, and Anil Agarwal, the man at the helm, is taking us all for a ride. Dreaming Big! Just this August, during an annual meeting, Agarwal unveiled big dreams for Vedanta - turning it into a USD 100 billion giant by 2030. Quite the ambition, right? It's all about boosting different parts of the business. But here is the Plot Twist! A month later, Agarwal throws a curveball. He's thinking of breaking Vedanta into six companies. The idea? Unlock some serious value and attract major investments for each business. Of course, the lenders need to give it a thumbs up. However, there is a tricky issue Vedanta is stuck in. "Dealing with Debt." Andm we're talking $9.7 billion as of March 31, 2022. They've been trying to sell stakes in Hindustan Zinc Limited and Bharat Aluminium Company, but it's been a challenge. Regulatory issues and lack of buyer interest - not an easy combo. Shares Taking a Hit And guess what? All this uncertainty is making Vedanta's shares take a hit. They've fallen by over 50% since August. Down to INR 200 per share now, from INR 400 in August. So, what's the game plan? Vedanta's at a crossroads. They've got to clear up the confusion, sort out the debt, and win back investors' trust. It's going to be interesting to see how they navigate through these choppy waters and carve out a path forward. Follow (Siddharth Shah) for more such insights. Source: Economic Times #Vedanta #CorporateDrama #InvestorWatch #finance
