Vedanta Shares Reach Record High Amid Strong Q4 Projections
Vedanta shares hit an all-time high, rising eleven days in a row; brokerages predict strong Q4 results
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Vedanta shares hit a record high of ₹787.85 on the National Stock Exchange, marking an eleven-day rise. Analysts anticipate a 50-60% year-on-year increase in EBITDA for Q4 FY2026, driven by favorable commodity prices, with brokerages predicting a target price of ₹890 per share.
- 01Vedanta shares reached an all-time high of ₹787.85.
- 02Analysts forecast a 50-60% year-on-year increase in EBITDA for Q4 FY2026.
- 03Brokerages predict a consolidated revenue growth of 22.80% year-on-year.
- 04Nuvama and Antique Research expect significant profit growth driven by higher commodity prices.
- 05Kotak Securities sets a target price of ₹890 for Vedanta shares.
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Vedanta shares have achieved an all-time high of ₹787.85 on the National Stock Exchange, reflecting an eleven-day bullish trend. Ahead of the Q4 FY2026 results, scheduled for April 30, analysts are optimistic, projecting a 50-60% year-on-year surge in EBITDA, driven by favorable commodity prices and improved cost dynamics. Motilal Oswal Financial Services forecasts a revenue increase from ₹405 crore to ₹497 crore, representing a 22.80% growth year-on-year. Nuvama has identified Vedanta as a top pick, estimating a 20% quarter-on-quarter increase in consolidated EBITDA, primarily due to rising zinc and aluminum prices. Antique Research anticipates over 150% net profit growth, fueled by significant sales growth. Kotak Securities has set a target price of ₹890 per share, indicating a 27% quarter-on-quarter increase in EBITDA. Overall, the positive outlook for Vedanta is supported by strong market conditions and anticipated financial performance.
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The anticipated strong performance of Vedanta could lead to increased investor confidence, potentially affecting stock market dynamics and investment decisions.
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