Vedanta Limited's revenue, EBITDA, profit, EPS, and cash flow are growing, with a continuing healthy EBITDA margin.
Going forward, Vedanta is reducing debt, while developing capex projects focusing on achieving maximum profits, to fund an annual dividend, improving investors' return.
Vedanta's price has been on an uptrend in the long-, intermediate-, and short-term, with the stock gaining momentum, yet still could be undervalued.
Technical indicators MACD-LT, 9-day RSI, ADX, 50 DMA, 200 DMA, ADX Trend, Relative Strength, SMA(20), SMA(50), SMA(100), and SMA(200) are all showing bullish signals.
Read the rest here.
Going forward, Vedanta is reducing debt, while developing capex projects focusing on achieving maximum profits, to fund an annual dividend, improving investors' return.
Vedanta's price has been on an uptrend in the long-, intermediate-, and short-term, with the stock gaining momentum, yet still could be undervalued.
Technical indicators MACD-LT, 9-day RSI, ADX, 50 DMA, 200 DMA, ADX Trend, Relative Strength, SMA(20), SMA(50), SMA(100), and SMA(200) are all showing bullish signals.
Read the rest here.
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