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Vedanta Aluminium, Vedanta Power, other group stocks list on Dalal Street after demerger (opens original article in a new tab)

TL;DR

Vedanta Group's four companies listed on Dalal Street after demerger, with initial share prices varying across exchanges.

  • Shares of Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel listed on Indian stock exchanges following a demerger.
  • Vedanta Aluminium opened at ₹522 on NSE and ₹527 on BSE, while Vedanta Power opened at ₹41.80 on NSE and ₹41.30 on BSE.
  • The combined implied value of Vedanta entities is ₹943.5 per original share, 18% higher than pre-demerger closing price of ₹773.25.

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