$VEDL

$VEDL Shares of Vedanta Power, Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Aluminium Metal, which were recently listed following the demerger of Vedanta, declined by up to 8% on Friday as investors booked profits after a sharp rally. The four stocks had extended gains for 14 consecutive sessions. Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Vedanta Aluminium Metal outperformed and gained 2%, drawing bullish calls from brokers including Emkay and Citi, which see strong upside potential driven by global aluminium demand, cost efficiencies, and improving leverage, making it the preferred long-term pick.