Vedanta Iron and Steel to Vedanta Oil and Gas, Vedanta Power: How Anil Agarwal's demerged stocks are performing

Vedanta group companies gained on Thursday following Q1FY27 production updates released by the parent and its four newly demerged entities listed since mid-June 2026. Vedanta Ltd rose 2 percent to INR276.70, while Vedanta Oil & Gas jumped 6 percent, Vedanta Iron & Steel hit the 5 percent upper circuit at INR34.68, Vedanta Power gained 4 percent and Vedanta Aluminium climbed 3.4 percent. Aluminium production rose 5 percent to 632 kt, Hindustan Zinc saleable metal output increased 4 percent to 260 kt, and saleable iron ore grew 4 percent to 2.6 million DMT, though Zinc International mined metal fell 14 percent and Oil & Gas gross production dropped 17 percent year-on-year. Brokerage Motilal Oswal initiated coverage with a BUY rating and a target price of INR540, and the Delhi High Court upheld about $99 million in foreign arbitral awards in favour of Vedanta and Ravva Oil.