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Nuvama initiates Buy call on Vedanta Aluminium shares, expects profitability to exceed historical average. Here's why
Nuvama Institutional Equities and Motilal Oswal Financial Services have initiated coverage on Vedanta Aluminium with 'Buy' ratings and target prices of Rs 540, citing strong earnings growth, cost reduction initiatives, firm aluminium prices and robust cash flow generation as key drivers.
Vedanta Power, Vedanta Oil & Gas, other Vedanta stocks surge up to 6%. What lies ahead?
Vedanta Group stocks experienced significant gains on Friday after their recent demerger. Vedanta Iron and Steel shares surged five percent, hitting the upper circuit limit. Vedanta Oil and Gas shares also saw a substantial increase, extending recent positive momentum. Vedanta Power and Vedanta Aluminium reported production and sales figures for the first quarter. Analysts at Motilal Oswal initiated coverage on Vedanta Aluminium with a buy rating.
Vedanta Aluminium stock up 3%, Motilal Oswal initiates coverage with 'Buy'
Motilal Oswal Financial Services initiated coverage on Vedanta Aluminium with a 'Buy' rating and a target price of ₹540.
Vedanta Aluminum shares to see 22% rally? Motilal Oswal initiates coverage with Buy, lists key tailwinds
Motilal Oswal initiated coverage on Vedanta Aluminum with a buy rating. The brokerage set a target price of Rs 540 per share, which implies an upside potential of approximately 22%. The company is expected to experience strong earnings growth and cash flow generation. Vedanta Aluminum is approaching a significant earnings inflection point.
Hot Stocks: 2 stocks that may give over 21% returns
Brokerages initiated coverage on Syrma SGS and Vedanta Aluminium with buy ratings. HSBC set a price target of Rs 1,750 for Syrma SGS, implying a 21.4% upside. Motilal Oswal Financial set a Rs 540 target for Vedanta Aluminium, indicating a 21.6% potential gain. These targets suggest significant returns over current trading prices. Both companies are seen as having strong growth prospects and structural advantages.
Shares of this Vedanta entity could rise another 50% from current levels as per Motilal Oswal 'bull case'
Motilal Oswal has set a price target of ₹680 per share for the stock, in a bull case scenario for Vedanta Aluminium Metal, which implies an upside potential of 51% from current levels.
Vedanta Aluminium Gets 'Buy' Rating As Motilal Oswal Initiates Coverage — Chect Target Price
Motilal Oswal has initiated coverage on Vedanta Aluminum with a 'Buy' rating, implying an upside of nearly 20%.
Economic and trade cooperation remains a key pillar of India-Indonesia ties
India and Indonesia issued a joint statement on the State Visit by Prime Minister of India to Indonesia. Prime Minister Modi and President Prabowo held official bilateral talks on 7 July 2026 at Istana Merdeka, Jakarta. The official talks covered the full spectrum of bilateral relations, including political engagement, defence and security cooperation, maritime cooperation, trade and investment, digital economy, science and technology, space, critical minerals, energy, agriculture, health, pharma, education, culture, tourism, youth exchanges and people-to-people ties, in addition to regional and global developments of mutual interest. They also witnessed the exchange of a number of bilateral documents, aimed at further strengthening the India-Indonesia Comprehensive Strategic Partnership.
Adani Energy Solutions Ltd extends upmove
Adani Energy Solutions Ltd is quoting at Rs 1621.2, up 3.34% on the day as on 12:44 IST on the NSE. The stock is up 83.53% in last one year as compared to a 3.99% fall in NIFTY and a 8.05% fall in the Nifty Energy.
Market Pulse: Key triggers to watch ahead of the July 3 trading session
Market Pulse July 3: Global cues remain supportive as US stocks traded higher after weaker-than-expected jobs data reinforced hopes of a prolonged pause in Federal Reserve rate hikes. Domestically, investors will track Adani Enterprises’ ₹10,000-crore QIP launch and developments in energy markets after the government ruled out an immediate fuel price cut. Technically, Nifty’s close above its 100-day moving average has improved sentiment, with analysts seeing scope for a move towards 24,300-24,500, while 24,000 remains a key support level.
Adani Energy Solutions Ltd gains for third straight session
Adani Energy Solutions Ltd is quoting at Rs 1541.8, up 1.34% on the day as on 12:49 IST on the NSE. The stock is up 76.16% in last one year as compared to a 5.02% slide in NIFTY and a 9.03% slide in the Nifty Energy index.
Adani Ports in Focus After MSC Deal; Motilal Oswal Maintains Buy — Check Target Price, Upside
Motilal Oswal believes the company is well-positioned to sustain its growth trajectory, supported by strong cash flows, ongoing infrastructure expansion and its integrated logistics ecosystem.