Anil Agarwal’s decision to cash in on what now looks like a short-lived punt in Anglo American has more than a few analysts scratching their heads.

After all, it was the Vedanta Resources founder and chair who saw an opportunity, buying a 20% holding in SA’s largest mining house when conditions for the miner were far from ideal.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now