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Vedanta Gets 'Neutral' Rating From Motilal Oswal After Q3 Results — Here's Why

Management targets to maintain strong growth in earnings, led by the upcoming capacity, which will produce higher value added products products, adds the brokerage.

<div class="paragraphs"><p>Vedanta reported consolidated net sales of Rs 391 billion (+10% YoY and +4% QoQ), inline with brokerage's estimates.</p><p><br>(Source:&nbsp;Vedanta website)</p></div>
Vedanta reported consolidated net sales of Rs 391 billion (+10% YoY and +4% QoQ), inline with brokerage's estimates.

(Source: Vedanta website)

Vedanta remains firm on its deleveraging plans, and going forward, higher cash flows will support both its expansion plan and deleveraging efforts.
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