Vedanta Iron & Steel Ltd

VISL | 544784

₹33.87

-0.70 (-2.02%)

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Performance

Historical price movement and trading activity

Trading Data

Today's High34.67

Today's Low33.41

Open34.58

Previous Close33.87

Volume22435341

Total Traded Value High759145925.47

Overview

Vedanta Iron and Steel Limited was incorporated in India as Public Limited company dated October 10, 2023 vide certificate of Incorporation issued by the Registrar of Companies, Mumbai. The Company was incorporated for carrying on the business activities in the metal and mining sector. Company is involved in the exploration, mining, and processing of iron ore, alongside its value-added businesses. The Iron Ore Undertaking of VEDL has demerged into the Company as a going concern basis, making the Scheme effective from May 1, 2026. As consideration for the demerger of the Iron Ore Business Undertaking, VISL has issued and allotted its 3,91,06,86,689 equity shares to the eligible shareholders of VEDL holding fully paid-up equity shares in the ratio of 1:1. 391,03,88,057equity shares of Re 1 each have been allotted by the Company pursuant to the Scheme of Arrangement for Demerger.

Sector & Industry

Miscellaneous - Medium / Small

Listing Exchange

National Stock Exchange (NSE)

Bombay Stock Exchange (BSE)

Fundamentals

Financial strength and ownership structure

Shareholding Pattern

56.38%

May

'26

Jun

'26

Technicals

Price-based indicators and levels

Indicators

INDICATORVALUESIGNAL

Relative Strength
Index (RSI)+62.90Neutral

MACD+2.01Bullish

Support and Resistance Levels

R337.18

R236.09

R135.33

S133.48

S232.39

S331.63

Moving Averages

PERIODSMAEMA

20D Moving Average33.5832.42

50D Moving Average33.8332.09

200D Moving Average35.6132.09

News

Hot Pursuit

Vedanta Iron and Steel extends winning streak after exiting T2T segment

1 Jul 2026

Vedanta Iron and Steel surged 8.51% to Rs 38.26 on Wednesday, extending its winning streak to the 12th consecutive session since its listing following the demerger of Vedanta.

The stock has rallied about 91.3% from its listing price of Rs 20 on the NSE on 15 June 2026. Its market capitalisation currently stands at around Rs 14,988.52 crore on the NSE. Vedanta Iron and Steel was among the four demerged Vedanta entities that debuted on the BSE and NSE on 15 June 2026. The other companies are Vedanta Aluminium Metal, Vedanta Oil and Gas and Vedanta Power. The four companies initially traded under the Trade-to-Trade (T2T) segment, where every transaction results in compulsory delivery and intraday trading is not permitted. They completed the mandatory 10-day T2T period and exited the segment on 30 June 2026. Following the sharp rally, the BSE sought clarification from Vedanta Iron and Steel after market hours on Tuesday regarding the significant movement in its share price. The exchange said it had sought the clarification to ensure investors have access to the latest relevant information and to safeguard market interests. The company's response is awaited. On 15 June 2026, PI Opportunities AIF V LLP, an investment vehicle of Premji Invest backed by Wipro chairman Azim Premji, acquired nearly 4.84 crore shares worth Rs 101.68 crore at Rs 21.02 apiece through a bulk deal. Vedanta Iron and Steel (VISL) is an integrated iron and steel company with operations across India and Africa. It operates across the value chain, from iron ore mining to the production of steel, pig iron, wire rods, TMT bars, ductile iron pipes, ferro-silicon, cement and metallurgical coke. The company also operates a 1.5 MTPA integrated steel plant at Bokaro through its wholly owned subsidiary, ESL Steel. Powered by Capital Market - Live News

Corporate News

Shares of Vedanta Iron And & Steel lists today

15 Jun 2026

In T group

The equity shares of Vedanta Iron & Steel (Scrip Code: 544784) are listed effective 15 June 2026 and admitted to dealings on the exchange in the list of ''T'' group securities.