An analyst from Anand Rathi said that Vedanta is quoting significantly above its key moving averages at the present stage, highlighting the strength of the prevailing uptrend.
Vedanta share price today: The stock hit a record high for the fifth straight session on Thursday, rising over 9% in a week.
Emkay estimated Hindustan Zinc’s Ebitda at Rs 25,800 crore, compared with consensus estimates of about Rs 22,000 crore, implying an upgrade potential of nearly 17 per cent.
Vedanta share price today: Vedanta stock gained 1.86% to a fresh high of Rs 579.95 against the previous close of Rs 569.35.
Axis Securities said that Vedanta is in a strong uptrend across all time frames, forming a series of higher tops and bottoms and it also registered an all-time high , which confirms bullish sentiments.
Vedanta’s planned demerger into separate listed entities focused on aluminium, zinc & silver, oil & gas, power, and iron & steel to unlock shareholder value.
Vedanta share price today: The stock of Anil Agarwal-led metal and mining company gained 1.46% to a high of Rs 551.50 against the previous close of Rs 543.55.
ICICI Securities said the current trajectory resembled the 2001–2004 phase, which preceded an exponential growth period. It likes State Bank of India, Axis Bank, Larsen & Toubro, BHEL, JSW Energy, NTPC and RIL.
Incab manufactures power cables and industrial wires, using copper and aluminum as key raw materials. With the acquisition, Vedanta will expand its presence in the downstream copper and aluminum industry.
Axis Securities said that Samvardhana Motherson has surpassed multiple resistance zones of Rs 114-115 levels on a closing basis on the daily and weekly charts.
JP Power: The counter was buzzing recently following an update indicating that creditors of its associate company, Jaiprakash Associates Ltd (JP Associates), unanimously voted in favour of Adani Enterprises Ltd's resolution plan.





