Vedanta's 2nd quarter results ending September are strong -  the company's consolidated Ebitda margin stood at an impressive 26.3%, and YoY net profits for the quarter grew 20%. 

The management touted the company's "solid operational performance in zinc and copper businesses, supported by strong commodity prices." This trend in commodity prices is expected to continue - stronger global growth has driven metal prices to new highs, especially given supply constraints, with China, a key producer, placing restrictions on its metals and mining industry citing air pollution targets. The demand for copper is expected to rise further, with its increased demand in the battery car industry - copper is a key component of battery charging points. 

Still, Vedanta is facing a few flags in rising costs, with procurement costs increasing for coal, with the company still not having fully sorted out its coal linkages. Vedanta is also awaiting bauxite allocation in Odisha for its aluminum business, where political and government tensions have delayed this. Overall however, commodity prices are expected to continue to rise - good news for the company's coming quarters.