Vedanta Demerger Entities See Mixed Debut on Bourses

Vedanta Aluminium Metal Ltd shares declined around 5% from its listing price on Monday, shedding initial gains amid profit-booking after a strong debut. Meanwhile, Vedanta Oil & Gas hit the lower circuit in its first trade, reflecting cautious investor sentiment on opening day. The demerger, which created four independent entities including Power and Iron & Steel businesses, has simplified the conglomerate structure. Shareholders received one share in each new company for every vedanta share held. Despite the early volatility, the combined market value of $VEDL nta Ltd and the demerged entities significantly exceeded the pre-demerger valuation, signalling potential long-term value unlocking for investors. Analysts continue to view the aluminium business as the strongest performer due to its scale and margins.