HZL and Vedanta shares reflect earnings upgrade potential
after close1 source ↓written by the desknot a recommendation
- this year
- 147%
- while Vedanta rose
- 131%
- to Vedanta's EBITDA
- 40%
Emkay Global highlighted that the recent rally in Hindustan Zinc (HZL) and Vedanta shares signals strong earnings upgrade potential. HZL shares surged 147% this year, while Vedanta rose 131%. The brokerage noted confidence in earnings visibility, driven by secure mine life and cost advantages, with HZL contributing 40% to Vedanta's EBITDA.
Not investment advice. For informational purposes only.