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2 T. Rowe Price ETFs Lead Early 2026 Results
Etftrends· 2026-02-10 19:03
2 T. Rowe Price ETFs Lead Early 2026 ResultsETF Trends is now VettaFi. Read More --Two T. Rowe Price ETFs have emerged as early leaders within the firm's exchange-traded product lineup, with one fund posting the strongest performance and another drawing the most investor money among the company's offerings, according to ETF Database.The [T. Rowe Price Natural Resources ETF (TURF)] has returned 16.1% year-to-date as of February 10 to lead T. Rowe Price ETFs in performance. Meanwhile, the [T. Rowe Price QM U. ...
Vedanta shares rise 3%, hit record high as LME copper, aluminium prices gain. Will stock hit Rs 800?
The Economic Times· 2026-01-23 08:46
Core Viewpoint - Brokerages are optimistic about Vedanta's stock, with Nuvama Institutional Equities raising the target price to Rs 806 from Rs 686, indicating an 18% upside potential from current levels [1][3]. Company Developments - The NCLT approved the demerger of Vedanta into five listed entities, with the base metals business remaining in Vedanta Ltd and four other entities being Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy [1][8]. - Vedanta is nearing the completion of regulatory approvals for its demerger, which is expected to enhance the company's investment thesis through strong commodity upcycle, cost optimization, and volume growth [2][8]. Financial Projections - Nuvama has revised FY27E/28E EBITDA estimates upward by 17% and 8% respectively, projecting a 20% CAGR in EBITDA over FY25–28E, reaching Rs 724 billion [3][9]. - Average price assumptions for FY27E and FY28E have been increased to $3,000 and $2,750 per tonne for aluminium, $3,000 and $2,900 per tonne for zinc, and $60 per ounce for silver [6][9]. - The INR–USD exchange rate assumption for FY27E and FY28E has been adjusted to 89 from 87.5 [6][9]. Market Performance - Shares of Vedanta were trading at Rs 696, reflecting a 2.6% increase from the previous close, with a peak of Rs 699, marking a 52-week high [8][9]. - Kotak Institutional Equities has set a target price of Rs 780 per share, highlighting that approximately 85% of Vedanta's FY2027E EBITDA will be driven by aluminium (50%), zinc (20%), and silver (15%) [7][9].
Alphabet Crushed Mag 7 Stocks This Year — Only To Be Crushed By These 8 Country ETFs
Yahoo Finance· 2025-12-27 19:31
Group 1 - Alphabet Inc. is leading the 2025 Magnificent Seven leaderboard with a 66% year-to-date increase, outperforming Nvidia Corp. which is up 42% [1] - Eight country exchange-traded funds (ETFs) tracking global stocks have surpassed Alphabet's returns, indicating a broader investment landscape beyond U.S. tech [2] - Commodities have driven strong performance in emerging markets, particularly in South Africa, Colombia, and Peru, with silver up 160% and gold nearly 70% year-to-date [3] Group 2 - The iShares MSCI South Korea ETF is the top performer among country-focused ETFs, up 87%, followed closely by the iShares MSCI Peru and Global Exposure ETF, up 85% [4] - In South Africa, mining stocks have seen significant gains, with AngloGold Ashanti and Gold Fields each surging over 220% [5] - Peru's market has also benefited from mining companies, with six of the top ten holdings in the iShares MSCI Peru ETF posting triple-digit gains [6]