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)
Recent news on Vedanta Iron And Steel
See all newsBrief: Vedanta Iron And Steel Gets Demand For 2.8 Million Rupees From Regional Provident Fund Commissioner, Goa
Brief: Vedanta Iron And Steel Unit's Tax Demand Reduced To 67.3 Million Rupees From 512.3 Million Rupees
Brief: Vedanta Iron And Steel Says Unit Gets Tax Department Notice Proposing Tax Liability Of 157.4 Million Rupees
Brief: Neo Apex Share Broking Services LLP Buys 20.89 Million Shares In Vedanta Iron And Steel At 42.42 Rupees/Share Via Bulk Deal
India's Vedanta Aluminium Metal falls on trading debut