Despite being net sellers in the secondary market, foreign portfolio investors are significantly increasing their investments in Indian IPOs, with a threefold surge to ₹26,508 crore in FY25. This indicates strong confidence in India’s growth story, driven by the potential for higher returns and access to differentiated business models.
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