Market News
Stay updated with the latest market trends, earnings, and economic indicators.
Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power shares crash up to 8% post Q1 updates; Vedanta Aluminium rises
Shares of Vedanta's recently demerged entities traded mixed after their Q1 business updates. Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power fell up to 8% on weaker operational performance, while Vedanta Aluminium Metal gained after reporting record quarterly aluminium production.
Vedanta Power, Iron & Steel and Oil & Gas shares crash up to 8%. What’s triggering the selloff?
Vedanta shares saw profit-taking after a strong rally in newly demerged entities, with most segments falling up to 8% over 14 sessions. Vedanta Aluminium Metal outperformed and gained 2%, drawing bullish calls from brokers including Emkay and Citi, which see strong upside potential driven by global aluminium demand, cost efficiencies, and improving leverage, making it the preferred long-term pick.
Adani Enterprises, Odisha govt sign pact for Rs 1.08 lakh crore aluminium plant with IHC
Adani Enterprises is set to invest a massive Rs 1.08 lakh crore in Odisha for a new greenfield aluminium project, in partnership with Abu Dhabi's IHC. This significant venture aims to boost India's aluminium production by nearly 50%, featuring a large-scale refinery, smelter, and downstream park. The project, supported by substantial power generation, is expected to create over 50,000 jobs, marking a major FDI in India's metal sector.
Top Gainers & losers on 1 July: Reliance Power, Delhivery, Eternal, Paytm, MCX, Dabur India among top gainers
The Indian stock market opened positively in July, led by strong buying in realty, FMCG, and auto stocks, with Nifty 50 at 24,005 and Sensex at 76,873. However, IT and metal sectors saw declines as geopolitical tensions impacted crude oil prices.
Vedanta Aluminium, other demerged stocks surge up to 5%. Which has been the best performer since market debut?
Vedanta’s newly listed demerged entities outperformed the broader market on Friday, with shares of Vedanta Aluminium Metal, Vedanta Iron and Steel, Vedanta Power and Vedanta Oil and Gas rising up to 5%. The rally comes days after their market debut following Vedanta’s mega demerger.
Vedanta Power to Vedanta Aluminium Metal: Which Vedanta demerger stock offers the best risk-reward? - Mint
Vedanta Power to Vedanta Aluminium Metal: Which Vedanta demerger stock offers the best risk-reward?Mint
Vedanta Aluminium vs Vedanta Power: Which can give investors better wealth in Rs 2 lakh crore demerger play
Vedanta's demerger has created distinct investment opportunities in Vedanta Aluminium Metal and Vedanta Power. Vedanta Aluminium, valued at Rs 2.06 lakh crore, stands out due to its scale, integrated operations, and strong demand drivers, making it the preferred choice for growth investors. Vedanta Power, valued at Rs 16,149 crore, offers a more stable, income-oriented proposition.
Coal India, ONGC, among 10 stocks with highest increase in government holding in Q4. Do you own any?
Despite broader market volatility, rising prices in power, energy and metal stocks boosted the value of Government of India holdings during the March 2026 quarter, led by ONGC, NTPC and Coal India.
Vedanta demerger: At what price will each of the four new companies list? Check cost of acquisition
Vedanta has completed its demerger, with investors awaiting the listing of four new companies. The company has shared the cost of acquisition ratios for these entities. Shareholders will receive individual cost allocations for Vedanta, Malco Energy, Talwandi Sabo Power, Vedanta Aluminium Metal, and Vedanta Iron and Steel. Analysts have provided target prices for these demerged companies.
Abakkus trims banking exposure, adds solar and power-linked capital goods stocks
Aman Chowhan, Fund Manager at Abakkus Asset Manager, which manages assets worth nearly $2.06 billion, said the sharp market rebound over the past few weeks has caught many investors by surprise, even as the fund stayed selectively bullish through the correction. The Mumbai-based AMC increased exposure to renewable energy, power-linked capital goods and select metal plays, while trimming some banking exposure. Disclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.
Vedanta demerger record date is May 1, but why is today the last date to buy?
Vedanta's demerger record date is May 1, a market holiday, making April 29 the last day to buy shares for eligibility. Shareholders will receive one share each of Vedanta Aluminium Metal, Talwandi Sabo Power, Malco Energy, and Vedanta Iron and Steel for every Vedanta share held. This restructuring aims to unlock significant shareholder value by creating distinct, sector-specific entities.
Vedanta sets May 1 as record date for demerger; approves 1:1 share allotment across 4 entities
Under the composite scheme of arrangement, shareholders of Vedanta will receive equity shares in four businesses — Vedanta Aluminium Metal Ltd (VAML), Talwandi Sabo Power Ltd (TSPL), Malco Energy Ltd (MEL) and Vedanta Iron and Steel Ltd (VISL) — in proportion to their existing holdings. Shares of Vedanta Ltd ended at ₹770.65, down by ₹16.95, or 2.15%, on the BSE today, April 20.