Vedanta Aluminium stock jumps 4% as Emkay predicts 17% growth

Shares of Vedanta Aluminium climbed almost 4% following Emkay’s decision to start coverage on the stock with a 'Buy' recommendation. The firm set a price target of ₹550, suggesting a potential 17% increase. Emkay pointed to positive trends in the aluminium market, better cost management, and the company's solid profit outlook after its recent separation.