Vedanta Iron and Steel shares have surged more than 100% in just 13 trading sessions since listing at Rs 20 on the NSE following Vedanta's mega demerger. The company, one of four new Vedanta entities to debut on June 15, has delivered stellar gains to investors after starting with a market capitalisation of Rs 7,821 crore.
Vedanta Iron and Steel shares have surged more than 100% in just 13 trading sessions since listing at Rs 20 on the NSE following Vedanta's mega demerger. The company, one of four new Vedanta entities to debut on June 15, has delivered stellar gains to investors after starting with a market capitalisation of Rs 7,821 crore.
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Shares of Vedanta Iron and Steel have continued to record stellar returns for its shareholders, as the stock has now more than doubled in value in just 13 sessions since its debut on the market following the mega demerger from its parent, Vedanta.Shares of the company were listed at Rs 20 apiece on NSE on June 15, as four new Vedanta companies debuted on the stock market to conclude what was one of the biggest corporate restructurings in India’s metals and mining space. The company’s market cap…
