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The Economic Times — Marketseconomictimes.indiatimes.com

Vedanta Aluminium, Oil & Gas and Power shares fall up to 5% on Day 2. What should investors do? (opens original article in a new tab)

TL;DR

Vedanta's newly demerged entities saw share price declines, with Vedanta Aluminium considered the most promising investment due to its scale and growth potential.

  • Shares of Vedanta Aluminium, Oil & Gas, and Power fell up to 5% on Tuesday after listing on the exchanges.
  • Vedanta Aluminium is highlighted as the most compelling investment opportunity due to its scale and long-term demand drivers.
  • Analysts have varying valuations for Vedanta Oil & Gas and Power, with aluminium considered a stronger growth bet.
  • Vedanta Power plans to become one of India's top three private thermal power producers by FY33.

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