Emkay Global retained its Buy rating on Vedanta with a ₹350 target price after Hindustan Zinc’s second-quarter profit surged 142% year on year and EBITDA beat estimates. Lower production costs and strong operating performance underpin the brokerage’s FY27 earnings outlook.Emkay Global retained its Buy rating on Vedanta with a ₹350 target price after Hindustan Zinc’s second-quarter profit surged 142% year on year and EBITDA beat estimates. Lower production costs and strong operating performance underpin the brokerage’s FY27 earnings outlook.
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