Vedanta Resources plc (LON:VED) (OTCMKTS:VDNRF) is by far the most undervalued stock in the FTSE 100 (INDEXFTSE:UKX). This is a bold claim to make, however, I believe that due to the nature of Vedanta's corporate structure, many investors never fully understand the company's value any its key metrics are often under reported.
Vedanta Resources currently a conglomerate
The reason for this is simple, Vedanta Resources plc (LON:VED) (OTCMKTS:VDNRF), in its corporate sense is currently a conglomerate, although it is waiting for final confirmation for it to merge entities together, the company is considered to be a holding company, as a result the Setup a free account to get access to this article (no credit card required).Login required to continue reading.
