Vedanta Aluminium Share Price Target: Brokerage Predicts 22% Rally, Says ‘Market Yet To Fully...'

Vedanta Aluminium Share Price Target: The Indian stock market is yet to fully appreciate the structural earnings potential of Vedanta Aluminium and Metal Limited, hence the stock has potential for 22% upside in the near-term, as per Emkay Global report released on Thursday, July 2.

While the global aluminium market is likely to remain in deficit through calendar year 2028 despite Indonesia's capacity addition announcements, this is primarily due to execution bottlenecks and China's effective 45 mt production cap.

Vedanta Aluminium Share Price Outlook

The metal stock has a strong outlook as the Anil Agrawal led Group's firm is going backward integration across bauxite, alumina, coal and power. This strategy should lower cash costs, improve operating leverage and strengthen FCF generation. The plan, if executed, would make Vedanta Aluminium among the world's lowest-coast integrated AI producers, as per Emkay report.

"We believe VAML offers an attractive risk-reward, with the market underappreciating the earnings potential from deeper backward integration, structurally lower costs, and stronger FCF generation," read the report.

Vedanta Aluminium Share Price Target

The brokerage gave a 'Buy' rating for Vedanta Aluminium with a target price of Rs 550 per share. "We value the company at 6.0x FY28E EV/EBITDA, implying a TP of Rs550, supported by improving earnings visibility, cost leadership, and favorable Al demand fundamentals. Key risks include weak Al prices, high energy costs, delays in integration, and adverse regulatory developments."

Vedanta Aluminium Share Price Trend

The metal stock closed at Rs 452 per share on BSE on Wednesday. Vedanta Aluminium share price hit its 52-week high mark of Rs 538 per share on BSE on June 15, 2026. The stock dipped to its 52-week low mark of Rs 421.65 per share on June 29, 2025. The stock has declined 13.8% in two weeks.

Vedanta Aluminium

Vedanta Aluminium share price listed at Rs 522 per share on BSE on Monday. The stock hit lower circuit at Rs 500.65 per share on BSE with a market capitalisation of Rs 1,95,773.58 crore.Vedanta Aluminium has a total net debt of Rs 32,700 crore by the end of FY 26, largest among all the demerged entities, as per a Business Standard report. Hindalco has a net debt of Rs 6,484.1 crore in FY26.

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