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The Economic Times

Rounak Khare

Vedanta Aluminium shares in a sweet spot, says ICICI Securities; initiates coverage with Buy rating

ICICI Securities Vedanta Aluminium aluminium Vedanta Vedanta Aluminium Metal

Domestic brokerage ICICI Securities has initiated coverage on the recently demerged Vedanta Aluminium Metal (VAML) with a 'Buy' rating and a target price of Rs 520, implying an upside of over 19% from the current market price of Rs 435.

According to the brokerage, Vedanta Aluminium is well positioned to benefit from a favourable aluminium cycle as the industry undergoes a structural transformation. It expects the metal to be supported by production disruptions caused by geopolitical conflicts, China's production cap, delays in commissioning new smelters and steady demand growth.

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The Guardian - US

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Federal judge halts ICE detention centre construction at California site over environmental review

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The Times of India

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The Guardian - US

Ohio animal hospital owner accused of using dead dog’s name to obtain thousands of prescription pills

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Dr. Kris L. Taylor and Camille Angulat-Nieto received over 20 prescriptions for ‘Punkin’ a dog that was already dead

The Independent UK

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One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

Federal judge halts ICE detention centre construction at California site over environmental review

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The Times of India

Brazil's Lula accuses social media giant Meta of election interference amid tight run-off campaign

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