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The Economic Times
The Economic Times
Debaroti Adhikary

Vedanta Power, Vedanta Oil & Gas, other Vedanta stocks surge up to 6%. What lies ahead?

Shares of all four recently-demerged Vedanta Group stocks recorded sharp gains on Friday, with Vedanta Iron and Steel shares jumping 5% to hit the upper circuit, and Vedanta Oil and Gas shares surging more than 6%.

Vedanta Iron and Steel shares snapped a five-session losing streak, which began after the stock surged 113% in just 13 days since listing on June 15. Vedanta Power and Vedanta Oil and Gas shares are meanwhile extending gains.

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