Shares of Vedanta Aluminium Metal, Vedanta Iron and Steel, Vedanta Power and Vedanta Oil and Gas surged up to 5% on Friday, as the newly-listed companies bucked the overall market downturn and recorded sharp gains.
The four companies made their much-awaited market debut on Monday, concluding the final leg of Vedanta’s mega demerger, which was one of India’s biggest corporate restructurings in the metals and mining sector.