BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Target Hit|| Long (1Y)
Credit Suisse maintains buy on Vedanta
Credit Suisse has maintained its "buy" rating on Vedanta for a target price of Rs 244. We expect continued outperformance from Vedanta. Vedanta stands out with high Zinc concentration. Vedanta will step up its dividend payout. We expect FY2018 dividend yield to be as high as 10 per cent.