Latest Dividend policy News & Updates

Mumbai, May 7 (IANS) Shares of Vedanta Limited⁠ dropped 3.35 per cent on Thursday after brokerage firm Citi Research issued a sharp double downgrade on the stock, turning bearish on the metals major amid concerns over zinc prices and changes in its dividend policy.Citi downgraded Vedanta from ‘buy’ to ‘sell’ and slashed its target price to Rs 265, signaling limited upside from current levels.The brokerage cited a weak outlook on zinc along with uncertainty surrounding the company’s c…