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Vedanta Aluminium shares can rally up to 28%? Why Systematix initiated coverage on the stock

Posted on August 5, 2026
By Business News Today
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Vedanta Aluminium shares can rally up to 28%? Why Systematix initiated coverage on the stock

Systematix Institutional Equities initiated coverage on Vedanta Aluminium with a Buy rating and a target price of Rs 598, implying 28% upside. The brokerage expects earnings growth to be driven by higher volumes, deeper backward integration and strong aluminium demand.