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Vedanta: FIIs Acquire Millions of Shares Amidst Aluminum & Zinc Business Expansion
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Vedanta: FIIs Boost Holdings, Aluminum & Zinc Drive Growth Amidst Market Dip
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CNBC Awaaz
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18-03-2026, 17:45
Vedanta: FIIs Boost Holdings, Aluminum & Zinc Drive Growth Amidst Market Dip
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Vedanta shares saw a 3% dip on March 18, 2026, closing at Rs 679, despite a 47% rise over the last year.
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Foreign Institutional Investors (FIIs) increased their stake from 11.08% in Sept 2025 to 12.15% in Dec 2025, signaling confidence.
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Brokerage firm Systematix recommends keeping an eye on Vedanta, with analyst Shweta Dikshit setting a target price of Rs 898.
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Vedanta is aggressively expanding its aluminum business, focusing on smelting capacity and high-margin value-added products.
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Subsidiary Hindustan Zinc is crucial for growth, increasing zinc and silver production and exploring new critical minerals.
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