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The Economic Times

Business

Ritesh Presswala

Vedanta Iron & Steel shares extend winning streak, surge 10%; stock up 70% since listing

Vedanta Group Vedanta Iron Steel iron ore NSE

Shares of Vedanta Iron & Steel surged 10% to Rs 35.65 during Tuesday's trading session, extending their winning streak to 11 consecutive sessions. The stock has now gained over 70% since its market debut earlier this month.

The company was listed on the NSE and BSE on June 15, 2026, following the Vedanta Group's demerger. It debuted at Rs 20 per share on the NSE, giving it a market capitalisation of around Rs 7,821 crore. After the sustained rally, the company's market value has nearly doubled to approximately Rs 13,941 crore.

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