Vedanta Aluminium shares jump over 3% as Emkay starts coverage with Buy call. 3 reasons why

Vedanta Aluminium shares surged after Emkay initiated coverage with a ‘Buy’ rating and a Rs 550 target, citing strong medium-term prospects. The brokerage anticipates a global aluminium deficit through 2028, driven by robust demand and supply constraints. Emkay believes structural cost reductions through backward integration will fuel earnings growth, positioning Vedanta Aluminium as a low-cost…

June auto sales data: Commercial vehicle turns consensus player; brokerages list stocks to buy

Indian automakers reported strong performance in June 2026, with healthy demand across passenger vehicles, two-wheelers, commercial vehicles and tractors. Brokerages including Motilal Oswal, Emkay and ICICI Securities highlighted broad-based growth, with several OEMs beating estimates. Maruti, M&M, TVS and Tata Motors stood out, while Hyundai underperformed in PVs. Analysts remain optimistic on the sector, favouring…