VEDL

VEDL(Vedanta Limited)

18.01.2023 - CLSA on VEDL Maintain Underperform CMP 287.15 Target 295
23.11.2022 - CITI on VEDL Maintain Sell CMP 307.7 Target 235
31.10.2022 - CITI on VEDL Maintain Sell CMP 281.05 Target 215
27.06.2022 - JpMorgan on VEDL Maintain Overweight CMP 221.45 Target 490
21.06.2022 - JpMorgan on VEDL Maintain Overweight CMP 221.5 Target 499
29.04.2022 - CLSA on VEDL Maintian Outperform CMP 304.85 Target 400
28.03.2022 - JpMorgan on VEDL Maintain Overweight CMP 398.9 Target 465
22.03.2022 - BOFA on VEDL Maintain Buy CMP 400 Target 485
22.03.2022 - CS on VEDL Maintain Outperform CMP 400 Target 420
21.03.2022 - CLSA on VEDL Maintain Outperform CMP 378 Target 400
03.03.2022 - CITI on VEDL Maintain Buy CMP 387 Target 435
09.02.2022 - CLSA on VEDL Maintain Outperform CMP 369.60 Target 350
09.02.2022 - JpMorgan on VEDL Maintain Overweight from Neutral CMP 369.60 Target 465(PREVTGT 375)

CITI ON VEDANTA : 02.09.2021

* Maintain BUY, Target at Rs 365/share
* Vedanta's board approved its first interim dividend of Rs 18.5/sh
• This implying a yield of ~6%
• This would imply a cash outflow of Rs 6900cr
• Reiterate our Buy rating - bullish ally outlook
• Estimate highest EBITDA contributor in FY23 & dividend support