Four companies created by Vedanta's demerger are set to begin trading on June 15. Analysts recommend one of them as a strong buy.
Vedanta's demerger will result in four new listed entities. They include Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel.
The companies are expected to debut on June 15. Vedanta Aluminium Metal stands out to analysts because of planned capacity growth and steady London Metal Exchange prices.
The remaining three entities are projected to enter the market as small-cap stocks.