Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?

Vedanta's demerged entities saw mixed performance with Vedanta Oil & Gas hitting the 5% upper circuit at Rs 36.40, Vedanta Power locked at Rs 45.25, and Vedanta Iron & Steel extending gains to a sixth straight session at Rs 28.10. Vedanta Aluminium, however, declined 3.3% to Rs 464 despite Citi initiating coverage with a Buy rating and Rs 560 target price, citing a 15-20% potential rise in aluminium prices to $4,000 per ton. Brokerages remain divided on Vedanta Power with fair value estimates ranging from Rs 35 to Rs 60 per share.