Shares of Vedanta, a major player in the metals and mining sector led by Anil Agarwal, experienced a significant increase of over 8% to reach a day’s high of ₹295 on the Bombay Stock Exchange (BSE) following its demerger into four distinct entities. The demerger, which took place last week, has led to a more focused corporate structure, although it raises concerns about increased concentration risk. Nuvama Institutional Equities has set a target price of ₹336 for Vedanta shares, indicating a potential upside of over 21% from the initial trading price of ₹272. The company reported a robust Q4 performance, with a 92% year-on-year increase in consolidated net profit to ₹6,698 crore and a 47% rise in revenue to ₹24,609 crore. Eligible shareholders will receive shares in the new entities, including Vedanta Aluminium Metal and Talwandi Sabo Power, among others. However, the listing dates for these new companies remain unannounced, and analysts advise potential investors to consider various factors such as debt allocation and market conditions before making investment decisions.