As many as four newly demerged Vedanta entities - Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Iron and Steel, and Vedanta Power - could attract combined passive inflows of up to $159 million following NSE Indices' September 2026 index reshuffle, according to estimates by Nuvama Alternative and Quantitative Research.
Vedanta Aluminium Metal is expected to account for the bulk of the inflows at $149 million, followed by Vedanta Oil & Gas at $4 million. Vedanta Power and Vedanta Iron and Steel could each see inflows of around $3 million, the brokerage said.