Despite huge capex plans, the brokerage expects debt to remain in check, as Vedanta is expected to generate good cash flows.

(Source: Vijay Sartape /NDTV Profit). Vedanta is a prime beneficiary of the surge in commodity prices. Aluminium division is expected to drive the majority of earnings aided by better volumes, lower costs and potentially better LME (aluminium demand-supply likely to be favourable). Power segment and zinc shall play a supporting role.

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