03 Nov 2025 | 5 Mins Read
Vedanta shares rise on 'buy' rating after mixed Q2 results
Flipitmoney
Vedanta Ltd reported a mixed Q2 FY26 performance, with net profit down 59% year-on-year due to exceptional charges, but revenue and EBITDA rose year-on-year. CLSA maintained its 'Outperform' rating with a target price of Rs 580 per share, citing higher commodity prices and operational gains. Net debt/EBITDA ratio improved to 1.37x as of September from 1.49x in Q2 FY25.