Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Vedanta Resources (VED), the diversified metals and mining company, disappointed investor in November after reporting a 17 per cent drop in first-half revenues on the back of falling commodity prices. The stock fell sharply on 15th November and the slide in the share price has continued ever since.
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