Vedanta Aluminium share price gains as brokerages remain bullish; CLSA sees 18% upside (opens original article in a new tab)

Vedanta Aluminium's share price rose after brokerages CLSA and Citi issued bullish ratings, with CLSA forecasting 18% upside and Citi setting a higher target price.

• CLSA assigned an 'Outperform' rating to Vedanta Aluminium with a target price of ₹540, implying 18% upside from Tuesday's closing price.
• Citi initiated coverage with a 'Buy' rating and a target price of ₹560, citing positive aluminium outlook and growth potential.
• Vedanta Aluminium shares rose over 2% after CLSA's bullish report, with a 2.46% gain to ₹469.00 on the BSE.