Can Vedanta Aluminium, NALCO shares crash up to 40%? Why InCred sees major downside
- Posted on June 25, 2026
- By Business News Today
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- 1 min read
Can Vedanta Aluminium, NALCO shares crash up to 40%? Why InCred sees major downside
InCred Equities has turned bearish on the aluminium sector, advising investors to exit aluminium stocks as it sees a potential 30–40% downside. The brokerage argues that the market is incorrectly valuing aluminium as a supply-constrained primary metal, overlooking its unique nature as a highly recyclable, above-ground resource.