Vedanta Shares Hit 52-Week High Amidst Demerger Approval
6 hours agoBusiness
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1 SourcesNew Delhi, India
TBNthebalanced.news
Vedanta Shares Hit 52-Week High Amidst Demerger Approval

Vedanta Ltd shares reached a 52-week high, surging over 35% this year, following the National Company Law Tribunal's approval to demerge the company into five listed entities. The demerger plan will separate base metals into Vedanta Ltd, with other businesses forming distinct companies. Group firm Hindustan Zinc also saw its shares hit a 52-week high, rising 43.50% year-to-date.

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