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Three Vedanta Group Shares Surge Up to 13 Percent on Strong Trading Volumes
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CNBC TV18•14-10-2026, 10:48
Three Vedanta Group Shares Surge Up to 13 Percent on Strong Trading Volumes
- •Shares of Vedanta Power Ltd., Vedanta Oil & Gas Ltd., and Vedanta Iron & Steel Ltd. gained up to 13% on Wednesday, rebounding strongly from recent lows.
- •Vedanta Power snapped a five-day losing streak to register its biggest single-day gain since its market debut.
- •Trading volumes spiked significantly across all three counters, with Vedanta Power seeing 3.5 crore shares traded compared to its 20-day average of 42 lakh shares.
- •Vedanta Oil & Gas recorded its fourth consecutive day of gains, while Vedanta Iron & Steel halted a two-day losing streak.
- •The surging stocks rank among the top 10 gainers on the Nifty 500 index following their recent demerger from parent Vedanta Ltd.
Key Questions Answered
Shares of Vedanta Power Ltd., Vedanta Oil & Gas Ltd., and Vedanta Iron & Steel Ltd. gained up to 11% on Wednesday, rebounding from their recent lows on strong volumes.
Vedanta Aluminium is the fourth demerged entity, has the highest amount of analyst coverage, and is regarded as the highest value creator for the parent company.
The four companies carved out of Vedanta Ltd under its demerger plan made their stock market debut on June 15, 2026.
