Vedanta Share Price Hits Record High as Winning Streak Reaches Seventh Day

Vedanta Share Price Hits Record High as Winning Streak Reaches Seventh Day

Market Performance

Vedanta’s shares continued their strong upward momentum on Wednesday, December 17, marking the seventh straight session of gains. The stock climbed 2% to reach a fresh all-time high of ₹580.45 per share. Over the past seven sessions, Vedanta has gained a cumulative 13.5%, reflecting robust investor interest.

The positive momentum in Vedanta mirrored broader strength in metal stocks, as base metal prices remained firm amid a slightly weaker U.S. dollar.

Main News: NCLT Approves Demerger Plan

Investor optimism was driven by the National Company Law Tribunal (NCLT) approving Vedanta’s plan to demerge into five separately listed entities. This strategic restructuring is designed to:

  • Reduce overall debt
  • Create independent, focused business units
  • Unlock value for shareholders

The demerger is structured as a vertical split, where each Vedanta Ltd (VEDL) shareholder will receive one share in each of the five newly listed companies.

Company Details: Segment-Wise Overview

The proposed demerger will organise Vedanta’s operations into distinct segments:

  1. Vedanta Aluminium – Focused on aluminium production
  2. Vedanta Oil & Gas – Managing hydrocarbon operations
  3. Vedanta Power – Power generation and distribution
  4. Vedanta Iron & Steel – Steel manufacturing business
  5. Restructured Vedanta Ltd – Houses zinc and silver businesses via Hindustan Zinc and serves as an incubator for new technologies

This split is expected to enhance operational focus, create clarity for investors, and potentially improve valuations for each segment.

Financial Snapshot

While no forward-looking projections are included, Vedanta’s current share performance reflects strong market confidence:

  • Seven consecutive sessions of gains
  • 13.5% cumulative increase over the last seven sessions
  • Shares have delivered notable annual returns, building on gains from the previous year

The company’s strength in non-ferrous metals, aluminium, and zinc has played a key role in sustaining this upward trend.

Summary

Vedanta’s shares continue to break record highs as the market responds positively to the demerger approval. The company’s plan to create five separate entities aims to reduce debt, sharpen business focus, and unlock shareholder value. With clear business segments and a structured approach, Vedanta’s stock remains in a sustained rally, attracting attention in the Indian stock market.

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