New Delhi: The record date for Vedanta Ltd’s demerger is set for May 1, 2026. The demerger news resulted the mining stock to jump on Tuesday to reach its highest level ever. The stock touched a new record high of around Rs 794.90. However, at the end of the session, the counter erased the gains and settled at Rs 767.05. Earlier, the Vedanta had made a record high of Rs 791 on April 17, 2026.
In April 20 far, Vedanta share price has increased nearly 19 per cent. Over the past six months, Vedanta stock surged 61 per cent. The counter gave a return of 234 per cent over the last five years.
Vedanta share price target
Speaking to Money9Live, Anshul Jain, Head of Research at Laxmishree Investment & Securities Private Limited, initiated a Buy rating on Vedanta share. The expert projected the stock to rise up to Rs 850 apiece and advised the shareholders to maintain a Stop Loss of Rs 730.
Rating: Buy
Stop Loss: 730
Share Target Price: 850
Vedanta Record Date
Market players can purchase Vedanta shares before the Record Date. The interested investors should make the purchase by April 29 as the market will be closed on May 1. The company is demerging in a 1:1 ratio. If an investor owns one share of Vedanta, the stakeholder will receive one share of each newly formed company. After the demerger, there will be a total of five listed companies:
Vedanta Ltd
Vedanta Aluminum
Vedanta Oil & Gas
Vedanta Power
Vedanta Steel and Ferrous Materials
Vedanta share price history
Vedanta share has given superb returns in the past. In FY21, the stock was priced around Rs 65. The company paid a substantial dividend during this period. The company has set a target of June 30, 2026, for the completion of the demerger process. However, some government approvals are still pending. Vedanta’s demerger is considered a major opportunity for investors.
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