Vedanta vs Viceroy: JP Morgan says don't get distracted, remain long



Rejecting American short-seller Viceroy Research's report against Vedanta, global brokerage firm JP Morgan on Thursday said it is not getting distracted by the claims and remains long on Vedanta and its bonds.

"We remain overweight on VEDLN (Vedanta Ltd) and its bonds (’28s, ’29s, ’30s, ’31s) while being Neutral on VEDLN ’33s," JP Morgan analyst Love Sharma said.

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