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The Economic Times

Veer Sharma

2026 multibagger smallcap stock jumps another 10% after Rs 1,437 crore Vedanta Aluminium order

Vedanta Vedanta Aluminium aluminium Vedanta Aluminium Metal Citi United States Vedanta Power

Shares of multibagger stock Bluspring Enterprises surged 10% to a record high of Rs 132 on the BSE on Friday after its subsidiary, STEAG Energy Services (India), secured a Rs 1,437.17-crore operations and maintenance (O&M) contract from newly demerged Vedanta Aluminium Metal. With Friday's rally, the stock has gained 100% so far in 2026.

The contract is for the comprehensive operations and maintenance (O&M) of Vedanta Aluminium Metal's 1,215 MW captive power plant. According to the company, the domestic contract will remain in force for five years from August 1, 2026.

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