Noida, June 15 (APAC Media): Shares of Vedanta Aluminium surged 309.73% to ₹374.87 on the NSE and BSE on Monday following a demerger-related adjustment, with trading across the newly listed counters showing mixed trends as investors responded to the split of Vedanta Ltd into five separately listed companies.
Vedanta Power shares plunged 66.11% to ₹80.01 on the BSE in early trade following a demerger-led listing adjustment, while Vedanta Iron and Steel shares tumbled 82.60% to ₹99.96 on the exchange amid the same corporate action.
However, the stock soon came under selling pressure and slipped nearly 5% from its listing levels as investors booked early gains.
The four entities debuted on the stock exchanges earlier in the day, completing billionaire Anil Agarwal-led Vedanta Group’s long-awaited restructuring. The demerger split the conglomerate’s aluminium, oil and gas, power, and iron and steel businesses into separately listed companies.
Under the arrangement, shareholders received one share in each new entity for every Vedanta share held as on the record date.
Vedanta Demerger Live: Outlook of Newly Listed Companies
| Company | Outlook / Sentiment | Key Theme |
|---|---|---|
| Vedanta Aluminium (VAML) | Strong Buy / Highest Value Potential | High-margin metals, core growth driver |
| Vedanta Power | Preferred Defensive Growth Play | Stable cash flows, steady demand |
| Vedanta Iron & Steel (VISL) | Positive | Infrastructure-led growth story |
| Vedanta Oil & Gas (VOGL) | Attractive but Cyclical | Commodity-cycle dependent outlook |
Vedanta Oil & Gas had a weak debut, listing around ₹38 per share and quickly hitting its lower circuit. The stock declined about 5% from its discovered price amid sustained selling pressure, reflecting cautious sentiment toward the standalone energy business.
Vedanta Power traded marginally lower compared to its listing price, while Vedanta Iron & Steel showed relative strength, rising over 5% in early deals before stabilising.
The demerger of Vedanta Ltd resulted in the creation of four new listed companies alongside the parent entity, completing a long-anticipated corporate restructuring aimed at unlocking shareholder value and enabling sharper business focus across verticals, including metals, energy, and infrastructure.
Market experts said initial volatility was expected as price discovery takes place in newly listed counters and institutional investors realign portfolios. They added that while individual stocks saw sharp swings, the combined valuation of the group’s entities, including the residual Vedanta Ltd, indicated an overall positive re-rating compared to pre-demerger levels.
The restructuring is aimed at allowing each business to pursue independent growth strategies, improve capital allocation efficiency, and enhance investor visibility.
Analysts expect trading activity to remain elevated in the coming sessions as the market continues to assess fair value for each entity.
–ENDS–
Disclaimer: Views expressed are those of experts and do not reflect APAC Media. This is for informational purposes only, not financial advice. We are not responsible for investment decisions. Please consult a qualified financial advisor before investing.
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