HighPositive
Announced Fri, 19 Jun · 11:44 IST
Vedanta Aluminium, other demerged stocks surge up to 5%. Which has been the best performed since market debut?
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
All four newly listed Vedanta demerged entities surged up to 5% on NSE, with Vedanta Iron and Steel hitting the upper circuit for the fifth straight session at Rs 25.57, up 28% from its listing price of Rs 20. Premji Invest's PI Opportunities AIF bought nearly 4.84 crore shares worth about Rs 101.68 crore in a bulk deal. Vedanta Aluminium Metal (market cap over Rs 1.7 lakh crore, higher than parent Vedanta's Rs 1.18 lakh crore) and Vedanta Oil and Gas are down around 12-13.5% since listing, while Vedanta Power trades near its issue price of Rs 41.8.