Buy Vedanta, target Rs 311: Kunal Bothra

Independent analyst Kunal Bothra has a buy call on Vedanta with a target price of Rs 311.

The current market price of Vedanta is Rs 296.65.

Time period given by the analyst is Intra Day when Vedanta price can reach defined target.


Kunal Bothra recommended keeping a stop loss at Rs 290.

Vedanta, incorporated in the year 1965, is a Large Cap company (having a market cap of Rs 1,10,270.57 Crore) operating in Mining sector.

The company’s top management includes Mr.Aman Mehta, Mr.Anil Agarwal, Mr.G R Arun Kumar, Mr.K Venkataramanan, Mr.Navin Agarwal, Mr.Ravi Kant, Mr.Tarun Jain, Mr.U K Sinha, Ms.Lalita Gupte, Ms.Priya Agarwal.

The company has S R Batliboi & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 3,717,194,239 shares outstanding.