Vedanta Power shares in focus after Q1 power sales jump 38%. Should you buy, sell or hold?

Vedanta Power reported a 38% year-on-year jump in total power sales to 5,225 million units in Q1 FY27, though sequentially sales declined 6% from 5,530 million units. The company, recently demerged from Vedanta Ltd, highlighted Meenakshi Energy as the top performer with 245% YoY growth to 1,350 million units, while Sakti Thermal Plant was the weakest due to a boiler blast that has kept it shut since April 14. Brokerages remain divided on valuations, with Kotak at Rs 60 per share, Emkay at around Rs 51.7, Nuvama at about Rs 47, and CLSA at roughly Rs 35.