Should you buy Vedanta shares after subsidiary Hindustan Zinc beats D-Street estimates in Q2 results? What analyst says

What happened: Vedanta shares drew attention after subsidiary Hindustan Zinc reported a sharp jump in second-quarter profit that beat Street estimates. Emkay Global reiterated its Buy rating on Vedanta. Key numbers: Hindustan Zinc net profit rose 142% year on year to ₹6,412 crore; revenue rose 76.5% to ₹15,093 crore. Why it matters: Emkay expects Hindustan Zinc, which contributes about 90% of Vedanta's consolidated EBITDA, to support earnings growth in FY27, and sees the results supporting an upgrade to its FY27 earnings estimates.

Vedanta shares drew attention after subsidiary Hindustan Zinc reported a sharp jump in second-quarter profit that beat Street estimates. Emkay Global reiterated its Buy rating on Vedanta.

Emkay expects Hindustan Zinc, which contributes about 90% of Vedanta's consolidated EBITDA, to support earnings growth in FY27, and sees the results supporting an upgrade to its FY27 earnings estimates.