Vedanta listing: Aluminium, Power, Oil & Gas, Iron & Steel share trading starts Monday. Target price and what else to expect

Four demerged entities of Vedanta — Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel — will make their market debut on Monday in the Trade-to-Trade (T2T) segment. The demerger, one of the largest in India's metals and mining space, entitles each eligible shareholder to one share in each of the four companies for every Vedanta share held, with May 1 set as the record date. Analyst target prices range widely: Vedanta Aluminium Metal is seen as the crown jewel with fair values of Rs 398–489 per share and an estimated market cap exceeding Rs 1.74 lakh crore, while Vedanta Power is valued at Rs 35–60, Vedanta Oil & Gas at around Rs 42 with an ~Rs 15,824 crore market cap, and Vedanta Iron & Steel estimates remain pending.