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VERIFIEDET Markets·positive
Vedanta Aluminium shares can rally up to 28%? Why Systematix initiated coverage on the stock
AI Summary
- ·Systematix Institutional Equities initiated coverage on Vedanta Aluminium with a Buy rating.
- ·The target price for Vedanta Aluminium shares is Rs 598, suggesting a potential 28% rally.
- ·Systematix expects earnings growth driven by higher volumes, backward integration, and strong aluminium demand.