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Vedanta share price hits record high; Explore why it's their top pick and what the demerger could mean for investors. Vedanta shares jump 6% as nuvama eyes 28% upside;
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The rally was driven by a combination of positive brokerage commentary, renewed focus on the company's proposed demerger, and firm momentum in the metals and mining. Vedanta shares jump 6% to a record high. Market valuation reaches rs 2,64,224.92 crore.
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Stock surges nearly 12% this month.
Nuvama projects stock to cross ₹800 levels none of the 14 analysts who have coverage on vedanta have a sell rating on the stock. Vedanta shares surged to a record high of rs 678.50 after nuvama institutional equities raised its target price to rs 806, citing value unlocking from the demerger. Nuvama lifts target price vedanta's stock climbed to ₹ 679.45, a 6.6% increase on.
