Vedanta Shares Reach Record High, Extend Gain Streak to Eleven Consecutive Days
Vedanta Shares Reach All-Time High Ahead of Q4 Results 2026
Vedanta's share price touched a new all-time high of ₹787.85 on the National Stock Exchange (NSE) on [current date], marking the eleventh consecutive session of a bull trend. Ahead of the company's Q4 results 2026, scheduled for 30 April, most brokerages expect Vedanta to deliver a strong March-quarter performance.
Key analysts, including Motilal Oswal Financial Services, predict a 50-60% year-on-year (YoY) surge in earnings before interest, taxes, depreciation, and amortization (EBITDA), driven by favourable commodity prices and improved cost dynamics across key segments. Specifically, Motilal Oswal research projects a 27% YoY profit growth in the Metals universe, following a strong 45% YoY growth in 4QFY25.
| Brokerage | Q4FY26 Revenue Growth (YoY) | Q4FY26 EBITDA Growth (YoY) | Q4FY26 PAT Growth (YoY) |
|---|---|---|---|
| Motilal Oswal | 22.80% | 53.50% | 155% |
| Nuvama | - | 53.50% | - |
| Antique Research | - | 58% | 150% |
| ICICI Securities | - | 42.60% | 67.20% |
| Kotak Securities | - | 59% | - |
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Notably, Motilal Oswal predicts that Vedanta's consolidated Q4 revenue will grow from ₹405 crore to ₹497 crore, while Nuvama forecasts a 20% quarter-on-quarter (QoQ) increase in consolidated EBITDA, primarily driven by higher zinc and aluminium prices. Specifically, Nuvama estimates that Aluminium segment EBITDA will rise by 21% QoQ, led by a higher average blended aluminium price (up USD290/t QoQ).
Other key predictions include:
- Antique Research forecasts net profit growth of over 150% YoY, driven by over 200% YoY sales growth.
- ICICI Securities predicts a 4.40% sequential growth in sales, with YoY sales growth expected to remain above 20%.
- Kotak Securities forecasts a 27% QoQ increase in EBITDA (+59% YoY) on higher prices in the aluminium/zinc/silver segment and lower alumina costs.
Given the strong upside predictions, Kotak Securities has assigned a 'buy' tag to Vedanta shares, with a target price of ₹890 apiece.
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Investor Takeaway
Investors should expect strong Q4 results from Vedanta, driven by favourable commodity prices and improved cost dynamics.
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