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.