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Vedanta Power shares drop 3%, fall below listing price. What lies ahead?
Vedanta Power shares fell over 3% on Thursday, slipping below their listing price after debuting earlier this week following the Vedanta demerger. Analysts said the stock remains the most defensive among the four newly listed entities, supported by regulated returns, while advising investors to focus on business quality, sector cycles and execution outlook.
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thehindubusinessline.com
Newly listed Vedanta cos slips below debut price
Vedanta's newly listed stocks decline below debut prices amid selling pressure, impacting multiple demerged businesses on the stock exchange.
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timesofindia.indiatimes.com
4 of Vedanta’s demerged businesses list on bourses
MUMBAI: Four businesses of the Vedanta group, demerged from its flagship Vedanta Ltd—aluminium, oil & gas, iron & steel, and power—were listed on the bourses on Monday, which…
