Metal Stock To Buy: Vedanta Aluminium Up 3% In Week, Brokerage Bullish On ‘Next Growth Phase’; Check TP

Vedanta Aluminium Share Price Today: Shares of Vedanta Aluminium Limited opened in green during Wednesday's trading session. The Anil Agarwal-led aluminium producer is well-positioned to benefit from favourable industry dynamics, company-specific structural drivers and a valuation gap with peers, highlighted Motilal Oswal in its report.

Vedanta Aluminium share price was trading 0.69% higher at Rs 450.8 per share on BSE with a market capitalisation of Rs 1,76,162.98 crore at 9:33 am on Wednesday. The stock touched an intraday high of Rs 452.20 per share and an intraday low of Rs 448.90 per share.

Vedanta Aluminium Share Price Recommendation

Volume growth, integration-led structural cost reductions, and a rising value-added mix are likely to drive Vedanta Aluminium's multi-year earnings growth runway. The Anil Agarwal-led aluminium producer is likely to benefit from favourable factors like India's robust demand growth, and tightening of global aluminium supplydue to China's production cap.

"VAML's ongoing backward integration, rising contribution from VAP, and robust domestic demand outlook provide strong visibility on earnings growth and cash flow generation over the medium term. We forecast its consolidated revenue/EBITDA/PAT to expand at ~11%/18%/23% CAGR over FY26-28, aided by volume growth, margin expansion, and increasing downstream contribution," stated Motilal Oswal in its report released on Wednesday, August 26.

Vedanta Aluminium Share Price Recommendation

The brokerage maintained a 'Buy' rating for the stock with a target price of Rs 540 per share. "The stock currently trades at 5.3x FY28E EV/EBITDA. On an SoTP basis, we derive a fair value of ~INR540/share on FY28 estimate, reiterating our BUY rating on the stock."

Vedanta Aluminium Share Price Trend

The stock opened stronger on Wednesday. The metal stock touched its 52-week high of Rs 538 per share on June 15, 2026. The stock dipped to its 52-week low of Rs 421.65 per share on June 29, 2026. The company scrip has delivered around 3.8% return in one month.

Vedanta Aluminium's net consolidated profit for the quarter jumped by 33.8% on a year-on-year basis to Rs 5,629 crore from Rs 4,207 crore reported in the year-ago period. Vedanta Aluminium's revenue from the quarter jumped to Rs 21,393 crore, which is 12% higher from the revenue generated in Q1FY26.The company's earnings before interest, tax, depreciation, and amortisation (EBITDA) stood at Rs 10,299 crore, which is 23.2% higher from the previous quarter figures of Rs 8,352 crore.

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