Vedanta vs Viceroy: JP Morgan says don't get distracted, remain long

JP Morgan dismisses Viceroy Research's claims against Vedanta. The brokerage firm maintains a positive outlook on Vedanta and its bonds. JP Morgan expresses comfort with Vedanta's financial leverage and government oversight of Hindustan Zinc. They consider Vedanta undervalued within the Asian and emerging markets. Viceroy Research alleges Vedanta Resources is a financially unsustainable entity.