Vedanta's demerger has boosted shareholder value. The combined market capitalization of the parent and four new entities surged significantly. Investors are showing a premium for pure-play exposure to sectors like aluminium and oil and gas. Vedanta Aluminium is the dominant value driver. The residual Vedanta entity also holds substantial valuation. Smaller verticals are yet to see a rerating.
Vedanta's demerger has significantly boosted shareholder value, with the combined market capitalization of the parent and four new entities surging by 67% to Rs 3.5 lakh crore. Investors are showing a premium for focused exposure to sectors like aluminium and oil and gas.…
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