Vedanta Demerger: 10-14% Upside Predicted by Sohum Asset Managers' Sanjay Parekh

• Sanjay Parekh of Sohum Asset Managers expects 10-14% upside for Vedanta stock purely from the proposed demerger.
• The demerger will unlock value across businesses, allowing individual entities like aluminium and power to attract better valuations.
• Parekh's fair value estimate for Vedanta was ₹670–680 per share even before the demerger announcement.
• Concerns regarding the corporate guarantee linked to energy business litigation are expected to have a limited impact.
• Kotak Institutional Equities upgraded Vedanta to 'Buy' with a target price of ₹650, raising EBITDA estimates.

Why It Matters: Vedanta's demerger is poised to unlock significant value, with experts predicting a 10-14% stock upside.