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Vedanta Group Shares Mixed Amid Benchmark Rally and Recent EPC Contract

At 2:03 PM on Friday, September 25, 2026, Vedanta Power shares were up 1.53 % to ₹32.59 apiece on the NSE, while Vedanta Iron and Steel traded 1.28 % higher at ₹32.54. Vedanta Oil and Gas also moved into the green, standing at ₹34.63, up 0.29 %. The group’s other listed entities reflected mixed performance, with Vedanta Aluminium Metal down 0.34 % at ₹427.95 and Hindustan Zinc up 0.80 % at ₹591.85. Vedanta Ltd shares fell 0.54 % to ₹266.05, while the S&P BSE SENSEX and NSE’s NIFTY50 indices were rising, contributing to the mixed afternoon activity.

Vedanta Limited’s 2026 demerger split the diversified group into four focused, sector‑specific companies. The final scheme carved out aluminium, oil and gas, power, and iron and steel into separate entities, while the parent retained base‑metals and other residual businesses. Shareholders received one share in each of the four demerged companies for every Vedanta share held. The new entities—Vedanta Aluminium Metal, Vedanta Oil & Gas, Vedanta Power, and Vedanta Iron & Steel—were listed on the stock exchanges on June 15, 2026.

Konkola Copper Mines (KCM), controlled by Vedanta Resources, awarded an engineering, procurement and construction (EPC) contract to China NERIN Engineering for a new tailings‑leach plant at its Chingola, Zambia operations. Business Insider Africa reported that the Chinese firm will undertake the project as part of KCM’s renewed investment programme in Zambia. KCM disclosed that the plant will recover approximately 70,000 tonnes of copper annually from existing mine tailings.

Vedanta Resources Limited (VRL), the London‑based holding company of the Vedanta Group, owns a controlling stake in the listed Indian company Vedanta Limited. As of September 30, 2025, VRL held 56.38 % of Vedanta Limited, reinforcing its influence over the group’s diversified operations. VRL’s ownership structure positions it to guide strategic decisions across the newly focused entities, while the parent company retains its stake in Hindustan Zinc and other critical‑metal assets, thereby maintaining a focused metals and mining profile post‑demerger.

Overall, the afternoon trading session saw Vedanta Group stocks delivering mixed results against a backdrop of rising benchmark indices. While the newly listed power, iron and steel, oil and gas, and aluminium entities posted gains, the parent company’s core shares slipped modestly. The demerger and subsequent listings have reshaped the group’s capital structure, allowing each business to operate independently. Investors observing the sector should note the recent EPC contract at KCM and Vedanta Resources’ significant stake in the Indian arm as key developments shaping the group’s trajectory.