New Delhi, Oct. 30 -- Vedanta stocks will be in focus after the company's Oil and Gas and Power businesses reported a sharp turnaround in profitability in the September quarter, swinging to profits from losses in the year-ago period. The strong earnings performance drove a sharp rally in both stocks on Friday, October 30, even as Vedanta and its Aluminium business traded lower.

Vedanta Oil and Gas jumped 13.5% to Rs.31.64, while Vedanta Power surged 13.4% to Rs.32.69. Vedanta Iron and Steel gained 3.7% to Rs.26.25. However, Vedanta Aluminium Metal fell 2% to Rs.342.25, while Vedanta declined 1.1% to Rs.232.15.

Vedanta Power reported a net profit of Rs.83 crore in the September quarter, compared with a net loss of Rs.1,688 crore in the c...