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VAML Vedanta Aluminium Metal News Story

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India's Vedanta Aluminium Metal falls on trading debut

BUZZ-India's Vedanta Aluminium Metal falls on trading debut

** Vedanta Aluminium Metal VEDO.NS stock falls 5% below listing price to 495.90 rupees in trading debut

** Listed at 522 rupees, 331.3% higher than issue price of 121.03 rupees

** Vedanta Oil and Gas VEDL.NS also drops 5% below opening price on debut

** Vedanta Power TALA.NS and Vedanta Iron and Steel VEDR.NS rise 3.3% and 5.3% post-listing on NSE

** Parent Vedanta VDAN.NS, which now houses the base metals business, slips 1%

** All four firms listed Monday following demerger scheme that split VDAN's aluminium, power, iron & steel, and oil & gas units


(Reporting by Vijay Malkar)

((VijayDattaram.Malkar@thomsonreuters.com;))

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