Vedanta’s Aluminium, Power, Oil & Gas, and Iron & Steel Shares Set to Start Trading Monday: Target Prices and Future Expectations Revealed!
The impending market debut of the four new entities arising from Vedanta’s significant demerger is set to unfold on June 15, with analysts projecting Vedanta Aluminium Metal to achieve a remarkable market capitalization of Rs 1.74 lakh crore, potentially surpassing its parent company. Following the demerger announced in April, which granted one share in each new company for every share held in Vedanta, stakeholders are keenly anticipating how these stocks will perform in the Trade-to-Trade (T2T) segment, where transactions stipulate mandatory delivery. This restructuring is viewed as one of the most substantial adjustments within India’s metals and mining sector.
Vedanta Aluminium Metal is expected to emerge as the largest-cap stock among these new shares, with projections placing its listing at a valuation exceeding Rs 400 per share. Analysts from ICICI Direct have identified this entity as the ‘crown jewel’ of the group, bolstered by solid contributions to group revenues and favorable market dynamics—namely, tight global aluminum supply and heightened demand. It is noteworthy that Vedanta Aluminium produced over half of India’s aluminum in FY25 and operates significant facilities, including a 5 MTPA alumina refinery and a major aluminum plant in Odisha, positioning it strategically within the industry.
In contrast, Vedanta Power is anticipated to debut with a market capitalization of approximately Rs 17,466 crore, with varying price estimations from analysts suggesting values between Rs 35 to Rs 61 per share. This segment’s strength lies in its installed capacity exceeding 4 GW across various strategic assets and its established long-term Power Purchase Agreements. Meanwhile, Vedanta Oil & Gas aims for a market cap of Rs 15,824 crore, focusing on scaling its upstream operations, while Vedanta Iron & Steel, anticipated to list with a valuation of Rs 8,680 crore, appears less favorable due to stronger competition within the iron and steel domain.
Lastly, the parent company, Vedanta, has seen its share price stabilize post-demerger adjustments, fluctuating recently between Rs 289.5 and Rs 360. While the adjustment had initially caused a drop of nearly 63%, the market appears to have recovered, with shares closing at Rs 309.65. This reflects investor sentiment adjusting to the restructured entity dynamics, and the broader implications of the demerger are still being evaluated as investors await the market debut of the newly formed companies.
Source: The Economic Times
(Expert Note: This report was prepared by the Wealthova team.)