Four-digit profit from just 10 units of Vedanta’s shares? Discover the mid-term outlook…
There is a projection looming that Vedanta’s share price will jump to a target price of INR 600 (US$6.87) following the group’s demerger plan to be executed by the first quarter of FY2025-26. This estimation will most likely materialise, if not by the end of this year, then within the next two.
The projection of INR 600 per unit was initially made by a renowned India-based financial firm, Emkay Global, positioning Vedanta as a favourable investment option for those seeking medium-term returns based on expected balanced growth to be delivered by Vedanta Limited, Vedanta Aluminium, and Vedanta Power. Aligning with this outlook, Money Mint Idea, an IPO and stock market research platform, has also provided a medium-term forecast for Vedanta’s share price, projecting its trajectory up until 2030.
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