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Xi Jinping US visit: Trump to weigh on rare-earth magnet | Experts bet high on Vedanta, GMDC, Ather Energy, other stocks
Vedanta is in focus.
· LiveMint Markets
Xi Jinping US visit: Experts believe Donald Trump may weigh on the rare-earth magnet exports to the…
The analysis
Against that, the stock is -2.8% on the day at ₹254.15, and has returned -5.8% over three months. It sits 68% below its 52-week high, which means a good deal of bad news was already in the price.
Market context
- The company directly in focus is VEDL.