Emkay reiterates Buy on Vedanta, keeps target price unchanged at Rs 575 Jobbery Stock Market update New

Emkay recommends buying Vedanta, targeting Rs 575 within a year, up from Rs 435.95. Vedanta, a large cap firm in the diversified sector, reported Q3 income up by 2.21% QoQ and 9.57% YoY, with a net profit of Rs 4876 crore. Hindustan Zinc, contributing 40% to EBITDA, aims to double its capacity by 2030.