Buy Vedanta, target price Rs 575: Emkay Global

Emkay Global Financial Services has recommended a Buy on Vedanta with a target price of Rs 575, up from the current market price of Rs 452.75. Vedanta showed strong financial performance with a consolidated total income increase of 2.21% quarter-on-quarter and 9.57% year-on-year, alongside a net profit of Rs 4,876 crore.