Vedanta Aluminium shares: Systematix Institutional Equities initiated coverage on Vedanta Aluminium with a Buy rating and a target price of Rs 598, implying 28% upside. The brokerage expects earnings growth to be driven by higher volumes, deeper backward integration and strong aluminium demand.
Cash takes centre stage as investors rethink AI spending boom
Investors are increasingly focused on technology companies’ cash generation capabilities to fund artificial intelligence investments. Microsoft and Oracle are gaining positive attention from investors, while