M-Cap of Vedanta's split cos jumps 67% to Rs 3.5 lakh crore (opens original article in a new tab)

Vedanta's split into five entities saw their combined market capitalisation rise 67% to ₹3.5 lakh crore on listing debut, with aluminium being the main value driver.

• Vedanta's demerger led to a 67% increase in combined market cap to ₹3.5 lakh crore.
• Aluminium business contributes nearly ₹2 lakh crore to the total valuation.
• Vedanta Iron & Steel trades at 0.6 times sales, below Tata Steel and JSW Steel.