Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
207.70
Change Change %
0.15 0.07%

Updated:16 Nov, 2018, 14:24 PM IST

BSE
206.00
Change Change %
-1.55 -0.75%

Updated:16 Nov, 2018, 14:52 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
29-09-2015 Sell 91.20 85.00
N/A
Target Hit Custom
29-09-2016

CLSA Maintains Sell on Vedanta

CLSA has maintained its sell call on Vedanta for target price of Rs 85 per share. CLSA says that balance sheet is stretched but it is not at a big risk. CLSA adds that it is cutting estimates factoring in lower oil prices. CLSA has cut its FY16-17 EPS for Vedanta 5-22 per cent and says after a recent decline Vedanta trades at 0.5x FY1 P/BV.

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