Friday's Preview: Can Vedanta continue its recent gains?

Vedanta Ltd. looks to build on its recent gains as it enters Friday's trading session. The stock closed at ₹452.3 on Thursday, up 4.7% for the day and 59.54% over the past year. Analysts remain bullish, with multiple brokerages maintaining "Buy" ratings and target prices up to ₹520. The company's Q3 FY25 results showed strong performance, with net profit jumping 76.2% year-over-year. Investors will be watching for continued momentum in metal prices and progress on Vedanta's capex plans. However, broader market volatility and global economic concerns may impact trading sentiment.
Source: IndMoney, Economic Times