Vedanta Power, Aluminium, Oil & Gas and Iron shares soar up to 5%. Which stock looks best placed?

Shares of Vedanta's four demerged entities surged up to 5%, with Oil & Gas and Iron & Steel hitting 5% upper circuits at Rs 34.70 and Rs 26.80 respectively, while Aluminium rose to Rs 465 and Power to Rs 42.40. Citi initiated Buy coverage on Vedanta Aluminium with a Rs 560 target price, implying 22% upside, citing an aluminium market deficit likely pushing prices 15-20% to $4,000 per tonne. Brokerages remain divided on Vedanta Power with fair value estimates ranging from Rs 35 (CLSA) to Rs 60 (Kotak), while SBI Securities values Vedanta Oil & Gas at Rs 42, anchored by Cairn Oil & Gas's $5 billion investment plan targeting 300,000-500,000 barrels per day production.