Vedanta’s Q4 net profit surged 154% YoY to Rs 3,483 crore, driven by operational efficiency and strong performance across key verticals, with revenue rising 14% to Rs 40,455 crore. The company achieved its highest EBITDA margin in 12 quarters at 35%. Despite positive annual returns, Vedanta’s stock has shown short-term weakness, declining over the past few months.
Motilal Oswal initiates coverage on Adani Enterprises with Buy, sees 25% upside. Here’s why
Motilal Oswal has initiated coverage on Adani Enterprises with a Buy rating and a target price of Rs 3,880, implying 25% upside from the prevailing