Emerging
Jun 18, 20261
59%
Vedanta Power Shares Rise 4%, Reversing 2-Day Losing Streak Since IPO
Vedanta Power shares surged 4% on June 18, 2026, reversing a two-day losing streak following the company's IPO as part of the Vedanta conglomerate's major demerger. Trading at Rs 42 per share with a market cap exceeding Rs 16,126 crore, the company operates 4 GW of thermal power capacity across four Indian states and targets becoming a top-three private thermal power player by FY33.
Quick Facts
Who
Vedanta Power
What
Stock listing on NSE
When
Monday, June 16, 2026 (debut)
Where
National Stock Exchange (NSE)
- Stock listing on NSE
- 2% daily losses on first two days
- 4% gain on third trading day
- Major corporate demerger
- Expansion through organic growth and asset turnarounds
Vedanta Power's stock made a strong recovery on Friday, June 18, 2026, jumping approximately 4% to trade at Rs 42 per share on the National Stock Exchange (NSE), surpassing its listing price of Rs 41.80. The rebound came after the company experienced consecutive daily losses of 2% each on Monday and Tuesday following its market debut. The company's market capitalization now stands at over Rs 16,126 crore.
Vedanta Power emerged as part of a major demerger by the Anil Agarwal-led Vedanta conglomerate, which was announced in April 2026. The restructuring—one of India's largest corporate reorganizations in the metals and mining sector—distributed shares in four separate entities: Vedanta Aluminium, Vedanta Power, Vedanta Oil & Gas, and Vedanta Iron & Steel. All four companies made their market debut on Monday, June 16, 2026, with May 1 set as the record date for eligible shareholders.
Vedanta Power operates more than 4 gigawatts of installed capacity across four strategic thermal power plants located in Punjab, Andhra Pradesh, Chhattisgarh, and Odisha. The portfolio includes the Talwandi Sabo Thermal Plant in Punjab (1,980 MW), Meenakshi Energy in Andhra Pradesh (1,000 MW), Sakti in Chhattisgarh (600 MW operational with another 600 MW under commissioning), and Jharsuguda Thermal Plant in Odisha (600 MW). The company maintains several long-term and mid-term power purchase agreements with state utilities across these regions.
The newly listed company aims to establish itself as one of India's top three private thermal power operators by fiscal year 2033 through a combination of organic expansion and strategic asset turnarounds. Following its market debut, Vedanta Power and the other demerged entities were placed in the Trade-to-Trade (T2T) segment on NSE, where transactions require compulsory delivery, reflecting their status as newly listed securities.
Topics
Why This Matters
Vedanta Power's stock recovery signals renewed investor confidence in India's thermal power sector and the success of the conglomerate's historic demerger strategy. For investors, the company's diversified portfolio across four states and ambitious expansion targets offer potential for long-term growth, while the achievement of top-three market positioning would reshape India's private power generation landscape. The demerger's execution also demonstrates feasibility of large-scale corporate restructuring in India's metals and mining sector.
Timeline & Sources
May 1, 2026
WireRecord date set for demerger; eligible shareholders to receive shares in four new companies
Jun 16, 2026
WireVedanta Power and three other demerged entities make market debut on NSE at Rs 41.80 per share
Jun 16, 2026
WireVedanta Power shares decline 2% on first trading day
Jun 17, 2026
WireVedanta Power shares decline another 2% on second trading day
Jun 18, 2026
WireVedanta Power shares surge 4% to Rs 42, surpassing listing price and reversing losing streak