543.6000 14.55 (2.75%)
NSE Dec 12, 2025 15:31 PM
Volume: 18.6M
 

ICICI Direct
Steady prospects at Zinc India; growth building in power & steel: Zinc India remain to be cash cow, contributing ~37% to VEDL's H1FY26 EBITDA. While near-term growth is modest, long-term prospects are robust with mined metal capacity expected to rise to 1.5 MT by FY28 and potential scale-up to 2 MT, alongside a ~250 KT zinc smelter expansion at capex of 12,000 crore. This is further supported by ~2,200 MW of thermal power capacity (Meenakshi & Athena), iron ore expansion to 30 MTPA, and the doubling of steel capacity to 3.5 MT by FY27E. Overall, we expect...
Geojit BNP Paribas increased Buy price target of Vedanta Ltd. to 568.0 on 24 Nov, 2025.
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