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Vedanta shares rise 2 percent after Moody's upgrades corporate ratings

Vedanta Ltd's share price increased by 2% to Rs 454 on the National Stock Exchange following Moody's upgrade of its parent company, Vedanta Resources Ltd, from ‘B3’ to ‘B2’. The stock has risen 94% over the past year, with a market capitalization of Rs 1.75 lakh crore. Moody's cited successful bond issuances totaling $800 million since September 2024 as a key factor for the upgrade, maintaining a stable outlook.

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