Vedanta demerger stocks trade mixed: Iron & Steel surges, Aluminium, Oil & Gas hit lower circuits (opens original article in a new tab)

Vedanta Ltd and its demerged entities showed mixed trading on their stock market debut, with some entities hitting lower circuits and others gaining, following the completion of a major corporate restructuring.

• Vedanta Ltd and its demerged entities had mixed trading on their stock market debut.
• Vedanta Aluminium Metal Ltd and Vedanta Oil & Gas Ltd hit 5% lower circuits, while Vedanta Iron & Steel Ltd hit 5% upper circuit.
• The demerger created four independent entities, with combined value of ₹933 per original Vedanta share, a 20.6% premium.