Stock: Vedanta(VDL)
Hello Everyone, Today we are going to discuss my view on the Delisting of Vedanta,
The benefits and things one needs to do.
In order for the Delisting to happen the promoter should acquire at least 90% stakes, currently, the promoters are holding only 50%. So they need another 40 % to do delisting
A large number of share are held by MF
So the retailer's role in the delisting is very limited.
The delisting is entirely dependent on the big gun HDFC(MF) which acquires almost 6.50% of total stakes so if they are not showing interest in delisting then delisting would not happen.
The simple answer to your question is If you are in profits then better to sell it. Because the stock may come down to 80–90 levels again. So in case if you brought at those levels and the market is giving to a good price then why to wait for delisting such sell it because the Metal sector is not doing well leaving VDL and understand it went up such because of Delisting news and if that does not happen then we might see VDL trading below 80 levels.
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