Citi names Vedanta Aluminium its top Indian metal pick, sees 20% upside. Here's why

Citi initiated coverage on Vedanta Aluminium with a 'Buy' rating and a Rs 560 target price, identifying it as its top Indian metals pick. The brokerage cited a positive aluminium outlook, growth potential, and cost efficiencies as key drivers for its bullish stance. Despite an initial 11% drop post-listing, analysts see strong long-term potential in the aluminium business.

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