Shares of Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power, which were recently spun off from Vedanta following the demerger, surged up to 5% on Tuesday, extending their winning streak to six consecutive sessions.
Among the demerged entities, Vedanta Oil & Gas hit its 5% upper circuit at Rs 36.40 on the BSE, while Vedanta Power was also locked in the 5% upper circuit band at Rs 45.25. Vedanta Iron & Steel, the best-performing stock among the spun-off businesses since listing, extended its winning streak to a sixth straight session and traded at its 5% upper circuit limit of Rs 28.10.