Given reasonable valuations and the improvement in end-market demand outlook at Novelis, the new fair value for the stock has been determined at Rs 675, a 26.2% increase from earlier Rs 535.
Vedanta share price today: Nuvama said Vedanta may complete its expansion in aluminium and zinc within FY25, and, thus, generate additional cash flows.
The company is expected to report consolidated revenue of Rs 33,676-35,477 crore, according to estimates given by three brokerage firms. This is compared to a revenue of Rs 34,102 crore a year ago and Rs 34,184 crore a quarter ago.