Despite a five-month market downturn, 60% of NSE500 stocks are still trading above their 5-year PE levels, suggesting overvaluation. Analysts advise focusing on quality stocks in banking, financial services, FMCG, and metals for long-term gains, with balanced portfolio allocation.
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