Mumbai, June 15, 2026, 13:50 (IST).
- Shares of four Vedanta demerged firms started trading on BSE and NSE on Monday.
- Vedanta Aluminium opened at ₹522 on NSE and ₹527 on BSE. Vedanta Power, Oil & Gas, and Iron & Steel started trading too, following price discovery.
- Vedanta Aluminium and Vedanta Oil & Gas fell into 5% lower circuits in early trade, while Vedanta Iron & Steel moved higher as trading turned volatile.
Vedanta Group’s four demerged companies started trading on Monday, wrapping up a lengthy restructuring process. Investors now have separate stocks for aluminium, power, oil and gas, and iron and steel. The new stocks are Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil & Gas and Vedanta Iron & Steel. Under the 1:1 demerger deal, shareholders got one share in each of the new entities for every Vedanta Ltd share, reports Live Hindustan and Upstox. Live Hindustan
Aluminium was the biggest and most-watched debut out of the gate. Vedanta Aluminium Metal began trading at ₹522 on the NSE and ₹527 on the BSE. Vedanta Power opened at ₹41.80 on the NSE and ₹41.30 on the BSE. Vedanta Oil & Gas came to market at ₹38 on the NSE and ₹39 on the BSE. Vedanta Iron & Steel started off at ₹20 on the NSE and ₹22.25 on the BSE, data from Upstox’s live market update showed. Upstox – Online Stock and Share Trading
Trading was bumpy in the first hours. By the afternoon, Upstox said Vedanta Aluminium Metal and Vedanta Oil & Gas were stuck at 5% lower circuits, so trading in both names halted after falling to the exchange cap for the day. Vedanta Iron & Steel gained 5.3%. Vedanta Power slipped 2.5%. Shares of Vedanta Ltd were down 1.37% at ₹305.40 as of 12:46 p.m. IST, with the market digesting the new structure and profit-taking on the table after the listings. Upstox – Online Stock and Share Trading
Vedanta’s demerger lets investors put a market price on each business for the first time, instead of lumping Vedanta into a single resources group. Moneycontrol reported that Vedanta Ltd and the four new demerged units traded with a combined market value of about ₹3.52 lakh crore in Monday’s session. That’s up from about ₹3.03 lakh crore for Vedanta alone before shares went ex-demerger on April 29. Vedanta Aluminium led the move, with a market cap near ₹1.94 lakh crore. Moneycontrol
Vedanta Aluminium chairman Anil Agarwal talked up the company’s aluminium growth plans on its first day of trading. Speaking to Moneycontrol, Agarwal said, “Price will go up, price will go down. I am lowest cost producer in the world.” Agarwal said Vedanta Aluminium may double output to 6 million tonnes in around three to three-and-a-half years. He put the longer run target at 10 million tonnes in about five years. Moneycontrol
Investors now look to see if the separate firms can back up the debut valuations with earnings, cash flow, and capital discipline. The stocks will start in the Trade-to-Trade segment, which bars intraday trades and requires every transaction to be for delivery. It’s meant to limit speculation in newly listed names. Analysts had focused mostly on Vedanta Aluminium heading into the listing. Sunny Agrawal at SBI Securities put fair value at ₹489 a share. ICICI Direct said aluminium was the most appealing demerged unit, citing its revenue, profits, and the sector environment, The Economic Times reported. (The Economic Times. Economictimes
