VEDL Stock Analysis and Big Demerger News
Updated
Hi Friends,
I'm getting queries from many people and so many traders are in panic who are holding VEDL shares. We observed that VEDL looking week since Jun'23 specifically after declare dividend.
I'm already shared levels of 205 to our clients and accumulated more qty yesterday.
What you should know:-
Big News
Vedanta announces demerger to split business into six listed entities
Vedanta announced creation of independent verticals through demerger of underlying companies, mainly its metals, power, aluminum, and oil and gas businesses to unlock potential value.
As stated, the company plans six separate listed entities, namely:
Vedanta Aluminum
Vedanta Oil & Gas
Vedanta Power
Vedanta Steel and Ferrous Materials
Vedanta Base Metals
Vedanta Limited
Vedanta added that the de-merger is planned as a vertical split, for every 1 share of Vedanta Limited, the shareholders will additionally receive 1 share of each of the 5 newly listed companies.
I'm getting queries from many people and so many traders are in panic who are holding VEDL shares. We observed that VEDL looking week since Jun'23 specifically after declare dividend.
I'm already shared levels of 205 to our clients and accumulated more qty yesterday.
What you should know:-
Big News
Vedanta announces demerger to split business into six listed entities
Vedanta announced creation of independent verticals through demerger of underlying companies, mainly its metals, power, aluminum, and oil and gas businesses to unlock potential value.
As stated, the company plans six separate listed entities, namely:
Vedanta Aluminum
Vedanta Oil & Gas
Vedanta Power
Vedanta Steel and Ferrous Materials
Vedanta Base Metals
Vedanta Limited
Vedanta added that the de-merger is planned as a vertical split, for every 1 share of Vedanta Limited, the shareholders will additionally receive 1 share of each of the 5 newly listed companies.
Trade closed: target reached
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