NSE:VAML

Motilal Oswal Securities Starts Vedanta Aluminium Metal at Buy with INR540 Price Target

Vedanta Aluminium Metal Posts Highest-Ever Q1 Aluminum Production

Vedanta Aluminium Metal (NSE:VAML, BOM:544780) recorded its highest-ever quarterly aluminium production in the fiscal first quarter ended June 30, according to a Friday filing to the Indian stock exchanges.For the June quarter, the company's aluminium production reached a record 632,000 tons, up 5% from 605,000 tons a year ago. The company attributed the surge to output volumes from its new smelter, augmented by the operational efficiency of existing lines.Alumina production rose 41% in the reported period to 826,000 tons due to higher volumes from expansion, from 587,000 tons a year earlier. Value-added production was also at its highest levels with a 14% growth to 389,000 tons in April-June from 342,000 a year ago.

Investec Starts Vedanta Aluminium Metal at Buy with INR630 Price Target

Citi Starts Vedanta Aluminium Metal at Buy with INR560 Price Target

Indian Equities Rally on Monday as US-Iran Peace Deal Lifts Sentiment

Indian benchmark indices climbed nearly 1% on Monday as investors welcomed a peace agreement between the U.S. and Iran.The truce ended nearly four months of conflict, easing geopolitical concerns. The agreement boosted risk appetite across global markets and triggered broad-based buying in Indian equities.The BSE Sensex rose 736.38 points, or 1%, to close at 76,264.33, while the NSE Nifty 50 gained 231.00 points, or also 1%, to settle at 23,853.90.Lower crude oil prices added to the positive mood.Analysts believe market participants will now focus on the progress of the monsoon season, potential El Niño-related risks, and the upcoming earnings season for clues on corporate growth and profitability.In corporate developments, four Vedanta Group companies - Vedanta Aluminium Metal (NSE:VAML, BOM:544780), Vedanta Power (NSE: VEDPOWER, BOM:544781), Vedanta Oil & Gas (NSE:VOGL, BOM:544782), and Vedanta Iron & Steel (NSE:VISL, BOM:544784) - began trading on Indian exchanges, completing the group's demerger into sector-focused businesses.Meanwhile, Bharti Airtel (NSE:BHARTIARTL, BOM:532454) said nearly all shareholders approved a transaction that will increase its effective stake in Airtel Africa to about 79%. The deal involves the issuance of equity shares to a promoter group entity and does not require any cash outflow.

Vedanta Group Demerger Shares List on Indian Exchanges

Shares of four Vedanta Group companies including, Vedanta Aluminium Metal (NSE:VAML, BOM:544780), Vedanta Power (NSE:VEDPOWER, BOM:544781), Vedanta Oil & Gas (NSE:VOGL, BOM:544782) and Vedanta Iron & Steel (NSE:VISL, BOM:544784), started trading on Indian exchanges on Monday, marking the completion of the group's demerger, according to separate stock exchange filings by the demerged entities.The restructuring splits Vedanta into sector-focused companies, each operating independently.The listing follows a 1:1 demerger structure, under which shareholders received one share in each of the demerged entities for every Vedanta (NSE:VEDL, BOM:500295) share held prior to the restructuring, Live Mint reported Monday.Based on debut prices, the combined implied value of the demerged entities stands at 943.5 rupees per share of the original Vedanta stock, compared with 773.25 rupees before the demerger, according to the report.The demerger was approved by the National Company Law Tribunal in December 2025, Mint said.Vedanta Aluminium, Vedanta Oil & Gas and Vedanta Iron & Steel fell around 5% in Monday's trade. Vedanta Power fell over 2%.