Vedanta shares slip nearly 10% in 1 month; how other group stocks fared

Bulls experienced another painful session on Monday, September 28, as Indian equities witnessed across-the-board selling amid a sharp rise in crude oil prices. Both SENSEX and NIFTY50 indices nosedived 1.5% each during the session.

Among Vedanta Group stocks, Vedanta Ltd was down 2.23% to ₹260.40 at 3:14 PM. Data show that the stock has slipped 0.44% in the past five sessions, and around 9.6% in the past month.

Hindustan Zinc shares were down 3.26% at ₹569.75 apiece on the NSE, while Vedanta Power traded 2.52% lower at ₹32.12 on the NSE. Vedanta Iron And Steel was trading around 4% down at ₹31.49, and Vedanta Oil and Gas was down 3.23% to ₹33.26 on the NSE.

Vedanta Aluminium Metal shares traded 1.36% lower at ₹420.95 apiece on the NSE.

One-month performance

In the past month, Vedanta’s demerged entities have remained under pressure. Vedanta Aluminium Metal shares have declined 7.72%, while Vedanta Oil and Gas has fallen 17.5%. Vedanta Iron and Steel has tumbled 18.4%, and Vedanta Power has dropped 12.34% over the same period.

Meanwhile, Hindustan Zinc (HZL) shares have declined 8.4% in the past 30 days.

Vedanta Group stocks: Performance snapshot

Key points to know

Vedanta Ltd has been trading on a post-demerger basis since April 30, 2026, after the company’s demerger scheme became effective on May 1. April 30 was effectively the ex-demerger date, as May 1 was a stock-market holiday. Under the scheme, Vedanta shareholders received one share each in the four demerged entities for every one Vedanta Ltd share held as of the record date.

The four resulting companies — Vedanta Aluminium Metal, Vedanta Power, Vedanta Oil and Gas, and Vedanta Iron and Steel — were listed and began trading on the NSE and BSE on June 15, 2026. The listing marked the completion of the group's restructuring, with each business now operating as a separate listed entity with its own management, capital allocation and growth strategy.

The rationale behind the demerger is to create focused, sector-specific businesses and simplify Vedanta’s corporate structure.

The company has said the restructuring is aimed at enabling sharper strategic focus, independent capital allocation and greater accountability, while allowing investors to get direct exposure to individual businesses across aluminium, oil and gas, power, and iron and steel.

Vedanta Ltd continues as the parent listed company, housing businesses including Hindustan Zinc and its future-facing ventures.