Vedanta share price: The metal stock ended 6% higher at Rs 675.70 on Wednesday against the previous close of Rs 637.10. Market cap of the firm rose to Rs 2.64 lakh crore.
The National Company Law Tribunal (NCLT), Mumbai Bench, approved the Scheme of Arrangement involving Vedanta Ltd and its subsidiary, Talwandi Sabo Power Ltd (TSPL). In its order dated January 9, 2026, the tribunal cleared the proposed scheme, which also covers Vedanta Aluminium Metal Ltd, Malco Energy Ltd, and Vedanta Iron and Steel Ltd.
JSW Steel and Tata Steel are expected to outperform. The brokerage attributed this resilience to a superior sales mix, cost control measures, operational efficiency, and a steady growth in volumes.
MFs bought an additional 1.2 crore shares of IndiGo worth Rs 5,800 crore, Nuvama calculated. MFs held 8 crore IndiGo shares at the end of December against 6.8 crore shares at the end of November.
Axis Securities said that the daily and weekly prices of IndusInd Bank have decisively surpassed the multiple resistance, which shows a strong comeback of bulls and bullish trend reversal on the weekly chart.
The continued upmove comes after the National Company Law Tribunal (NCLT), Mumbai Bench, approved the Scheme of Arrangement involving Vedanta Ltd and its subsidiary, Talwandi Sabo Power Ltd (TSPL).
Stocks including TCS, Vedanta, Mahindra & Mahindra, IREDA, DMart, NTPC, Shriram Finance, ICICI Lombard GIC, Akzo Nobel and more will be in the spotlight on Monday, January 12.
On Friday, shares of Vedanta closed 1.05 per cent higher to settle at Rs 609.90.
Vedanta Group chairman Anil Agarwal said Agnivesh was reportedly recovering from a skiing accident in the United States and was being treated at Mount Sinai Hospital, New York.
Vedanta share price: The bull run in Vedanta stock has pushed it into an overbought zone with its RSI rising to 78.6 in the current session.
India's apparent copper demand is projected to grow from around 1.7 million tonnes currently to approximately 3–3.3 million tonnes by 2030, says Vedanta





