Vedanta Group Stocks: Oil & Gas

Vedanta Group shares today

Shares of Vedanta Group’s recently demerged companies surged as much as 20 per cent on BSE in intra-day deals on Wednesday amid heavy demand. Vedanta Oil & Gas was closed 20 per cent higher at ₹38.76 on the back of a two-fold jump in average trading volumes. As of 01:54 pm, a combined 190 million equity shares changed hands. Buy orders for 11.94 million equity shares combined were pending on NSE and BSE. The stock hit a 52-week high of ₹40.95 on its listing date i.e. June 15, 2026. Share price of Vedanta Iron & Steel closed in the upper circuit of 10 per cent at ₹38.77, which is also its new high on BSE. A combined 120 million equity shares changed hands and buy orders for a combined 24.04 million equity shares were pending on the NSE and BSE. The stock surged 98 per cent from the low of ₹19.60 touched on June 15, 2026. Shares of Vedanta Power rose 17 per cent to ₹47.20, which is also its new high on BSE. The stock rose 9 per cent to ₹43.96, compared with a 0.7 per cent rise in the BSE Sensex. The average trading volume on the counter surged three-fold with a combined 187.05 million equity shares changing hands on the NSE and BSE.

Vedanta Group – List of 4 separate companies

On June 15, 2026, Vedanta Group marked an important milestone in Indian corporate history with the listing of four newly demerged companies – Vedanta Aluminium, Vedanta Oil & Gas, Vedanta Iron & Steel and Vedanta Power – on the BSE and NSE. All these 4 newly listed companies of Vedanta Group were shifted to B Group with effect from Tuesday, June 30, 2026. After listing, they were traded in ‘T’ Group for 10 days. T Group shares are securities that are traded in the Trade to Trade (T2T) segment by BSE and ‘BE’ segment by NSE. Intraday trading is not allowed in these shares. T2T stocks can be delivery based only i.e. the buyer has to take delivery of these shares. Meanwhile, post-merger, ICRA expects the relatively strong cash-generating units within the Vedanta group to support the group’s dividend requirements, with the flexibility to finance it from other group entities as well. ICRA also expects the group to support relatively weaker entities within the Vedanta Group when needed. However, the rating agency said Vedanta Resources’ cash flow requirement has significantly reduced due to reduction in its leverage as well as lengthening of the maturity schedule, leading to a significant reduction in its debt service obligations for the next two years.

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Vedanta Iron & Steel’s clarification on significant fluctuations in stock price

Vedanta Iron & Steel, while clarifying the significant fluctuations in the company’s stock price, said it is not aware of any specific reason for the fluctuations in the price of its equity shares. “We confirm that there is no significant event, information or announcement which, in our opinion, requires disclosure under the applicable rules and has not already been disclosed to the stock exchanges,” Vedanta Iron & Steel said after BSE sought clarification on significant fluctuations in the price of the company’s equity shares. Meanwhile, Vedanta Iron & Steel represents a strategically important, resource-secure and debt-free business in line with India’s infrastructure and manufacturing ambitions. Currently producing around 4 million tonnes of steel annually, the company has a clear roadmap to increase the capacity to 15 million tonnes per annum. It enjoys a unique competitive advantage through the security of three critical inputs: access to approximately 4 billion tonnes of iron ore resources and approximately 800 kilo tonnes per annum (ktpa) of metallurgical coke in Goa, Odisha and Karnataka, and gas pipeline infrastructure available at its doorstep. These integrated advantages position the company strongly to participate in India’s rapidly growing steel demand. The business will focus on high-value segments including green steel, electrical steel and special steel, which will support both industrial growth and the country’s ambitious infrastructure objectives.

What is Vedanta Oil & Gas stock price trending?

Vedanta Oil & Gas (VOGL), India’s largest private oil and gas exploration and production company, has been assigned an ICRA AA+ (Stable) credit rating, underscoring the company’s strong standalone financial profile, operational flexibility and disciplined growth strategy following its recent demerger and listing. ICRA noted VOGL’s ongoing investment in production growth and reserve enhancement, including enhanced oil recovery initiatives in the Rajasthan block and additions to other producing assets. These initiatives are expected to strengthen production, support reserve accretion and reinforce VOGL’s long-term growth trajectory. VOGL’s competitive cost structure with low operating costs (~$15-16/BOE) and relatively competitive exploration and development (F&D) costs, supported by healthy operating margins (40-45 per cent) and resilience to crude oil price volatility, also makes it a competitive player in the domestic E&P sector, the rating agency said.

Vedanta Power Overview, Outlook

Currently with a total capacity of 4.78 GW (4.18 GW operational, 0.6 GW commissioned) in Punjab, Andhra Pradesh, Odisha and Chhattisgarh, Vedanta Power is India’s fifth largest private thermal power producer. The business is based on strong operating fundamentals, with 74 per cent of capacity secured through long and medium term power purchase agreements and 85 per cent of domestic coal in operating capacity secured through security linkages, providing a stable base to provide reliable power at scale and support the country’s development priorities. With India’s power capacity requirement projected to double over the next decade and reach 1121 GW by FY 2036, Vedanta Power sees a significant opportunity to contribute to the country’s growth ambitions. The company plans to expand its capacity to 20 GW, with a long-term ambition to be among the top three private sector power companies in the country. As part of this journey, Vedanta Power expects to commission the second 600 MW units at its power plant in H2FY27 and increase the total capacity to 12 GW by FY33. A significant portion of this expansion is expected to be driven through brownfield projects, leveraging existing infrastructure and operational advantages.
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