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VERIFIEDET Stocks·neutral
Zinc India to remain at the driver seat for Vedanta, says ICICI Securities but cuts target price to Rs 345
AI Summary
- ·ICICI Securities reduced Vedanta's target price to Rs 345 from Rs 369.
- ·The brokerage maintained a positive outlook on zinc and silver prices.
- ·Zinc India is expected to continue driving Vedanta's growth, accounting for 95% of its EBITDA.