CLSA joins bullish chorus on Vedanta Aluminium with ₹540 target

A newly independent aluminium producer, freshly separated from its parent conglomerate, has drawn a chorus of institutional endorsements in the span of days — a rare convergence of conviction in markets that rarely agree. CLSA's initiation of coverage on Vedanta Aluminium, with a price target implying nearly a fifth of upside, reflects a broader belief that the company's structural cost advantages and cash generation capacity are not yet reflected in its price. The story is one familiar to long-term observers of industrial demergers: a business temporarily obscured by transition noise, awaitin