Vedanta Aluminium share price gains as brokerages remain bullish; CLSA sees 18% upside

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CLSA assigned an ‘Outperform’ rating on Vedanta Aluminium Metal shares, with a target price of ₹540 apiece, based on 6x FY28CL EV/Ebitda. The target price implies an upside potential of 18% from Tuesday’s closing price.