Vedanta Iron & Steel Shares Soar 113% in Just 13 Days Since Listing

Vedanta Iron & Steel has emerged as one of the biggest wealth creators on Dalal Street after its stock surged over 113% in just 13 trading sessions since listing. The rally follows Vedanta Ltd.'s landmark demerger, which unlocked four independently listed businesses, with Vedanta Iron & Steel standing out as the best-performing entity so far.

Listed at ₹20 per share on the NSE on 15 June 2026, the stock has climbed to ₹42.65, more than doubling investors' money in less than three weeks. The sharp rally has also pushed the company's market capitalisation from ₹7,821 crore at listing to ₹16,677.81 crore, highlighting strong investor interest in the newly listed metals company.

The rally has been supported by sustained buying interest, a series of upper circuits, and institutional participation, making Vedanta Iron & Steel one of the most closely watched newly listed stocks in the market.

Vedanta Iron & Steel Share Price Rally: Key Highlights

Particulars	Details
Company	Vedanta Iron & Steel
Listing Date	15 June 2026
Listing Price	₹20 per share
Current Price	₹42.65
Returns Since Listing	113%
Trading Sessions	13
Market Cap at Listing	₹7,821 Crore
Current Market Cap	₹16,677.81 Crore

What Triggered the Sharp Rally?

Several factors have contributed to the stock's remarkable performance since its listing.

Strong Institutional Buying

One of the biggest triggers came after Premji Invest's PI Opportunities AIF V LLP acquired nearly 4.84 crore shares worth approximately ₹102 crore through a bulk deal shortly after the listing. The shares were purchased at ₹21.02 apiece, boosting investor confidence in the company's long-term prospects.

Consecutive Upper Circuits

The stock has witnessed relentless buying pressure since listing.

• Hit the 5% upper circuit in 9 out of its first 10 trading sessions.
• Locked in the 10% upper circuit for two consecutive sessions.
• Continued to attract strong momentum buying from market participants.

About Vedanta Iron & Steel

Vedanta Iron & Steel was created as part of Vedanta Ltd.'s mega demerger, one of the largest corporate restructuring exercises in India's metals and mining sector.

The company operates across India and Africa and has businesses spanning:

• Iron ore exploration
• Iron ore mining
• Steel manufacturing
• Wire rods
• TMT bars
• Pig iron
• Ductile Iron (DI) pipes
• Ferro-silicon
• Cement
• Metallurgical coke

Its diversified portfolio gives the company exposure across the steel and mining value chain.

Company Clarifies Sharp Price Movement

Following the rapid surge in the share price, stock exchanges sought clarification from the company regarding the significant movement.

Vedanta Iron & Steel responded that there was no undisclosed material event, announcement, or information that could explain the recent rally, indicating that the price movement was driven primarily by market demand.

Performance of Other Demerged Vedanta Companies

While Vedanta Iron & Steel has been the standout performer, the other newly listed Vedanta businesses have delivered mixed returns.

Company	Recent Performance
Vedanta Iron & Steel	Up 113% since listing
Vedanta Aluminium	Down nearly 10% since listing despite recent gains
Vedanta Oil & Gas	Gained sharply after receiving ICRA AA+ (Stable) rating
Vedanta Power	Posted healthy gains in recent sessions

Why Investors Are Watching the Stock

The exceptional rally has made Vedanta Iron & Steel one of the most discussed newly listed companies on Dalal Street.

Key factors attracting investors include:

• Strong post-demerger business focus.
• Exposure to the iron ore and steel value chain.
• Institutional investor participation.
• Robust market momentum.
• Significant wealth creation in a short period.

However, investors should also monitor valuation levels and future earnings performance as the stock continues to trade at elevated levels following its sharp rally.

Key Takeaways

Highlights	Details
Listing Price	₹20
Current Price	₹42.65
Returns	113% in 13 trading sessions
Market Cap Growth	₹7,821 Cr to ₹16,677.81 Cr
Major Investor	Premji Invest's PI Opportunities AIF V LLP
Business	Iron ore mining, steel, TMT bars, DI pipes, ferro alloys

How much has Vedanta Iron & Steel gained since listing?

The stock has surged 113%, rising from its listing price of ₹20 to ₹42.65 in just 13 trading sessions.

When was Vedanta Iron & Steel listed?

The company was listed on the NSE on 15 June 2026 following Vedanta Ltd.'s mega demerger.

What drove the sharp rally?

The rally was supported by strong institutional buying, repeated upper circuits, and positive investor sentiment following the company's listing.

What does Vedanta Iron & Steel do?

The company is engaged in iron ore exploration, mining, steel manufacturing, and the production of products including TMT bars, wire rods, pig iron, ductile iron pipes, ferro-silicon, cement, and metallurgical coke.

Has the company commented on the share price surge?

Yes. The company informed stock exchanges that there was no undisclosed material event or announcement behind the recent surge in its share price.