Bullish on Vedanta story, expect stock price to appreciate 30-40% within a year: Sudip Bandyopadhyay

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Key Points

Vedanta, a unique company with diverse commodities, is well-positioned in the commodity cycle..

The demerger, upcoming Tuticorin plant, and entry into power distribution contribute to its promising future.ETMarkets.com..

So, on the whole, Vedanta is in a very good position and valuation wise also it has not moved up as much as many other peers or not really comparable, but the metal sector companies have moved up..

Sudip Bandyopadhyay:, I am definitely looking at a 30% to 40% appreciation within a one-year time span because the way the metal or the commodity cycle is positioned now, I definitely see the commodity players benefitting...

So, this is definitely going to help the company going forward, at least the individual companies once they are broken up, but as a Vedanta shareholder I will get one share of all these other five companies as well, so that is a good opportunity for the shareholder...