Vedanta Group's Recently Demerged Companies Rally Up to 113%; Vedanta Oil & Gas Records Heavy Trading Volumes
Shares of Vedanta Group's recently demerged companies remained in focus on Thursday, with Vedanta Oil & Gas surging 33 per cent and Vedanta Iron & Steel hitting the 10 per cent upper circuit amid strong investor demand
✨ Key Takeaways
On Thursday, Indian benchmark indices traded higher, with the Nifty 50 rising 100.25 points, or 0.42 per cent, to 24,106.10. Amid the positive market sentiment, the recently demerged Vedanta Group companies witnessed strong buying interest. Vedanta Oil & Gas surged nearly 33 per cent, Vedanta Iron & Steel was locked in the 10 per cent Upper Circuit, Vedanta Power gained 4.95 per cent, while Vedanta Limited advanced 1.07 per cent during the session.
Vedanta Oil & Gas Leads the Rally
Vedanta Oil & Gas emerged as the biggest gainer among the newly listed entities, rallying around 33 per cent amid exceptionally strong trading activity. The stock witnessed robust investor participation, with 16.96 crore shares changing hands compared with the 10-day average trading volume of 9.42 crore shares, indicating sustained buying interest following the demerger.
Vedanta Iron & Steel Hits Upper Circuit
Shares of Vedanta Iron & Steel were locked in the 10 per cent upper circuit at around Rs 42.65. Since its listing on June 15, 2026, the stock has surged approximately 113 per cent, after debuting at around Rs 20 per share. The sharp rally reflects continued investor confidence in the company's standalone business following the Vedanta Group restructuring.
Vedanta Power Extends Gains
Vedanta Power also traded firmly during the session, gaining nearly 5 per cent to Rs 46.40, continuing its post-listing momentum as investors remained optimistic about the company's long-term growth prospects.
Trading Segment Update
Following their listing on June 15, 2026, the four demerged Vedanta companies were placed in the Trade-to-Trade (T2T) segment for the mandatory initial ten trading sessions, where only delivery-based trading was permitted. After completing this period, the stocks moved to the regular trading segment, allowing normal market trading. This transition is a standard exchange process for newly listed demerged companies and enables greater trading flexibility and broader investor participation.
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About Vedanta Group
Vedanta Group marked a major milestone in its corporate restructuring with the listing of four independently traded companies, Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power. The demerger is aimed at creating focused, sector-specific businesses, enabling each entity to pursue independent growth strategies, improve capital allocation and unlock long-term shareholder value. Investors will now closely monitor the operational performance of each standalone company as they execute their respective growth plans.
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Add NowDisclaimer: The article is for informational purposes only and not investment advice.
