Vedanta Aluminium share price gains for the first time since listing; Kotak, Citi initiate buy calls (opens original article in a new tab)

Vedanta Aluminium's share price rose 3% on June 18, its first gain since listing, following Buy ratings from Kotak and Citi, which highlighted positive market dynamics and growth potential.

• Vedanta Aluminium share price rose 3% on June 18, its first gain since listing on June 15.
• Kotak and Citi initiated Buy ratings, citing strong aluminium market dynamics and growth prospects.
• Brokerages expect Vedanta Aluminium's EBITDA and profit after tax to grow at 23% and 33% CAGR through FY26-FY29.