Vedanta has clear 3-year runway before it faces the debt wall
Tue, Jan 14, 2025 11:25 AM

Vedanta has clear 3-year runway before it faces the debt wall

A Flip by Swapnil Tiwari
Get it on Google Play
Vedanta Resources secures a $300 million loan to refinance its existing bonds, reducing refinancing risk and interest burden, and providing a smooth runway for the next three years before significant debt maturities. The report maintains a 'Market Perform' recommendation for Vedanta and highlights the company's proactive efforts to manage its debt obligations.

More great flips

Buy HCL Technologies; target of Rs 2180: Sharekhan

Buy HCL Technologies; target of Rs 2180: Sharekhan

Sharekhan's research report on HCL Technologies: HCL Tech reported revenue of $3,533 million, up 3.8% q-o-q/4.1 % y-o-y in CC terms, missing our estimate of $3,561 million. EBIT margin expanded by ~90 bps q-o-q to 19.5%, beating estimates of 19.3%. New deal wins TCVs stood at $2,095 million, down 6% q-o-q/up 9% y-o-y.

Open Flip
Mukul Agrawal Portfolio: Ace investor reduces stake in this small-cap stock

Mukul Agrawal Portfolio: Ace investor reduces stake in this small-cap stock

Mukul Agrawal booked profit in small-cap stock Pix Transmissions during the December 2024 quarter of fiscal 2024-25 (Q3 FY25), shows the latest shareholding pattern. Mukul Mahavir Agrawal held 3,00,000 shares of Pix Transmission, representing a 2.20 per cent stake, at the end of the September 2024 quarter which declined to 2,50,000 shares, representing a 1.83 per cent stake.

Open Flip
Profitable growth will be crucial for Mobikwik stock to keep ticking

Profitable growth will be crucial for Mobikwik stock to keep ticking

The stock of One MobiKwik has lost nearly 13% since declaring its September quarter result on January 07 following rising customer acquisition costs, fixed costs, and user incentives, which resulted in a net loss for the second consecutive quarter. Earlier, the B2C online payment services provider had a stellar run on the bourses gaining 157% within a week since its listing.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon