Vedanta Listing: After the demerger of Vedanta Limited, 4 new investors got listed on N SEC on Monday. The share price of Vedanta Aluminum Metal Limited (Vedanta Aluminum Share Price) is Rs 527, Vedanta Power Limited (Vedanta Power Share Price) is priced at Rs 41.30, Vedanta Iron & Steel Limited (Vedanta Iron & Steel Share Price) is priced at Rs 22.25 and Vedanta Oil & Gas (Vedanta Oil & Gas Limited Share Price) is priced at Rs 39. Let us tell you, new societies have been established all around.
Let us tell you, those holding 1 share of Vedanta Limited, as of today, have 1 share each in each company.
Vedanta Aluminum shares become victims of ruin
Strong selling is being seen in the stocks of all the newly listed societies of Vedanta. Shares of Vedanta Aluminum touched Rs 538 after listing at Rs 527. However, after this the share price of the company fell by more than 4 percent to the level of Rs 501.50.
Lower circuit in Vedanta Power’s stock
The stock price of this company fell by 5 percent on Monday. After lower circuit lease, Vedanta Power’s stock price has fallen to an intra-day low of Rs 39.25. Earlier this stock was listed at Rs 41.30.
Vedanta oil and gas shares up 5%
After being at the level of Rs 39 in the list today, the shares of the company reached an intra-day high of Rs 40.95. However, the stock suffered a decline thereafter. Due to this, the stock price of Vedanta Oil and Gas reached an intra-day low of Rs 37.05.
The condition of Vedanta Iron and Steel is also not good.
The condition of the stock of this company is the worst. The share price of the company reached the level of Rs 19.60. Let us tell you, selling is being seen in the stocks of all four new societies of Vedanta.
Vedanta shares after 4 new associates
Selling is also being seen in the stock of Vedanta Limited. The company’s shares soared to Rs 305.45, down more than 1 per cent. Earlier this morning, the company’s shares had opened with gains.
Let us tell you, these new industries are doing business in the business-to-business segment. That means intra-day settlement should not be an ideology in these 4 new societies.