Vedanta Iron and Steel shares hit 5% upper circuit for fourth straight day, surge 20% since listing

Vedanta Iron and Steel shares hit the 5% upper circuit for a fourth consecutive session, taking gains to over 20% since listing. The rally is driven by strong investor interest, a Rs 102-crore bulk deal by Premji Invest, and optimism around Vedanta's demerger unlocking value in the standalone business.