Vedanta Surges 4% to ₹346.35; Weekly Chart Shows Sharp V-Shaped Recovery

Mumbai, May 26: Shares of Vedanta Limited (NSE: VEDL) staged a powerful intraday rally on Tuesday, surging 4.17% to an LTP of ₹346.35 from its previous close of ₹332.50, opening exactly at the previous close of ₹332.50 before buyers drove the counter sharply higher to a session high of ₹348.50 within the first 90 minutes of trade. The VWAP for the session stood at ₹344.60 sitting below the LTP confirming that buying momentum accelerated through the afternoon as the stock held its gains comfortably above its volume-weighted average, with the order book showing 48.55% buy-side interest against 51.45% on the sell side and total buy quantity of 16,51,309 shares against 17,50,136 on the sell side.

Weekly Trend

The weekly chart tells a compelling story of a sharp V-shaped recovery after a steep mid-week decline. VEDL opened the week of May 19 near ₹337.50 before sellers took control decisively, pushing the stock down through ₹334 on May 20, ₹331 on May 21, and touching a weekly trough near ₹330.50 on May 22 a fall of approximately ₹7 from the week’s open.

However, the stock stabilised and began recovering on May 23, closing near ₹332.50, setting up Tuesday’s sharp gap-up advance that has now more than reversed the week’s earlier losses and pushed VEDL to its highest level of the five-session window. The pattern reflects strong underlying demand at lower levels and suggests that investors are using dips to accumulate the stock ahead of the demerger catalysts playing out.

Demerger

Vedanta’s most significant corporate development in recent years is now formally underway. The company announced on April 21 that its scheme of arrangement for demerger would take effect from May 1 also the record date to determine shareholder eligibility setting the stage for one of the most closely watched corporate restructurings in Indian market history.

Under the plan, Vedanta will be split into five sector-specific, independently operating entities: Vedanta Limited (retaining the base metals business), Vedanta Aluminium, Talwandi Sabo Power, Vedanta Steel and Iron, and Malco Energy. The restructuring is designed to simplify the conglomerate’s complex holding structure and give investors direct, clean exposure to individual businesses a move that is widely seen as a long-term value unlocking exercise.

Q4 and FY26 Financial Results

The stock’s strength is further underpinned by a record-breaking set of financial results declared on April 29. Vedanta posted its highest-ever quarterly earnings in Q4 FY26, with net profit surging 89% year-on-year to ₹9,352 crore, revenue jumping 29% to ₹51,524 crore, and EBITDA climbing 59% to ₹18,447 crore. For the full year FY26, the mining conglomerate reported record annual profit of ₹25,096 crore up 22% year-on-year with revenue rising 15% to ₹1,74,075 crore and EBITDA expanding 29% to ₹55,976 crore, driven by strong commodity prices, higher volumes, and improved cost efficiencies across its diversified metals and mining portfolio.

Sources:

• https://www.nseindia.com/get-quote/equity/VEDL/Vedanta-Limited