Vedanta Power shares fall 3% despite 38% jump in Q1 sales. Should you buy, sell or hold?

Vedanta Power share price dipped 3% despite a significant 38% year-on-year surge in power sales for the June quarter, driven by Meenakshi Energy’s expansion and Talwandi Sabo’s consistent output. While Meenakshi Energy saw a 245% jump, Sakti Thermal Plant faced a shutdown due to a boiler blast. Brokerages remain divided on the company’s valuation, with targets ranging from Rs 35 to Rs 60 per share.

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