BSE Code: | NSE Code: | ISIN: | Sector:

NSE
331.65
Change Change %
4.95 1.52%

Updated:19 Jan, 2018, 15:53 PM IST

BSE
331.30
Change Change %
5.40 1.66%

Updated:19 Jan, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Edelweiss
N/A
26-07-2017 Buy 281.00 N/A
N/A
Open Long (1Y)
26-07-2018

Edelweiss maintains buy on Vedanta

Edelweiss has maintained buy on Vedanta for target price of Rs 309. It says Vedanta pruned gross debt by Rs 6,200 crore in Q1FY18, followed by another Rs 2,500 crore in Q2FY18. At CMP, the stock is trading at 3.9 times FY19 estimated EBITDA, at a discount to global peers, which are trading at 6-7 times.

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