Vedanta shares surge 5% after demerger as analysts debate upside versus concentration risk

Four new firms, but one risk keeps growing

Vedanta shares jumped about 5% after the company demerged into four separate entities. Analysts say the move could sharpen business focus and unlock upside, supported by strong Q4 performance. But they also flag a growing concentration risk and warn that valuations of the newly separated businesses are still in flux, leaving fresh investors in a phase of price discovery.