The Nifty company also announced a capex of Rs 6,750 crore over the next 3-4 years with the primary objective of becoming a more cost-efficient producer that allows it flexibility to price more competitively. Analysts said the company management’s message is clear—prioritize market share gains/defense over margins and return ratios.
Vedanta Aluminium at earnings inflection point? Here’s why Motilal Oswal sees 21% upside
Motilal Oswal has reiterated its Buy rating on Vedanta Aluminium Metal with a target price of Rs 540, implying 21% upside. The brokerage expects EBITDA