Brokerages Mixed Despite Strong Numbers; Demerger Remains Key Trigger
Brokerages remain divided on Vedanta Ltd. even after the company reported a strong December-quarter performance, with bulls pointing to metals price tailwinds and the upcoming demerger, while others flag limited upside at current valuations. Citi maintained its ‘buy’ rating on the stock and raised its target price sharply to Rs 900 from Rs 585, citing…
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