ICICI Securities maintains buy on Vedanta amid commodity surge
pre-market1 source ↓written by the desknot a recommendation
- contribute
- 80% of EBITDA
ICICI Securities retains a positive outlook on Vedanta, highlighting its position as a key beneficiary of rising commodity prices. The aluminium division is expected to drive earnings, supported by improved volumes and lower costs. The firm emphasizes that aluminium, zinc, and silver contribute over 80% of EBITDA. Traders should monitor developments closely.
Not investment advice. For informational purposes only.