Archive · 14 Jan 2026
Vedanta Shares Hit Record High
Vedanta Ltd's shares reached a new record high after the National Company Law Tribunal approved a plan to separate its power business.
The company believes this will help focus better on its power segment.
Analysts think this is a good time to invest in Vedanta because commodity markets are doing well.
They also say the stock has strong support at Rs 600 and is currently in an upward trend.
Nuvama Institutional Equities has raised its target price to Rs 806, suggesting a 28.5% upside potential.
The brokerage expects the demerger process to be completed by Q1FY27, unlocking value for investors.
However, some analysts caution about potential profit-taking and the need to monitor the stock's performance closely.
Vedanta Ltd shares hit a record high of Rs 679.40 during intraday trade.
The National Company Law Tribunal approved a scheme of arrangement for Vedanta and its subsidiaries.
The scheme aims to separate the power business for better focus and capital access.
Analysts recommend holding or buying Vedanta shares for long-term gains, with a target price of Rs 806.
Technical analysts note strong momentum but advise monitoring for profit-taking and ensuring the stock remains above the support level of Rs 600.
- Who
- Vedanta Ltd and its subsidiaries
- What
- Shares hit a record high and NCLT approved a scheme of arrangement
- When
- January 9, 2026
- Where
- Mumbai, India
- Why
- Due to the approval of the scheme of arrangement, positive commodity market conditions, and expectations of higher earnings
Optimistic View
Cautious View
Stock Valuation
Optimistic View
The current market price does not fully reflect the value of Vedanta's core businesses, making it undervalued.
Cautious View
Investors should monitor for potential profit-taking and ensure the stock remains above the support level of Rs 600.
Debt Levels
Optimistic View
The company's strong cash flows and dividend payouts mitigate concerns about high debt levels.
Cautious View
High debt levels and volatility in metal prices remain significant risks that need to be monitored.
- Company
- Vedanta Ltd
- All-Time High
- Rs 679.40
- Closing Price
- Rs 637.10
- Approval Date
- January 9, 2026
- Support Level
- Rs 600
- Target Price
- Rs 806
- Upside Potential
- 28.5%
- Expected Demerger Completion
- Q1FY27
- Resistance Zone
- Rs 690–700
- Immediate Support
- Rs 630–620
Sources
Vedanta shares scale fresh record high; analysts outline outlook
Vedanta share price can cross ₹800 as Nuvama gives the stock its highest price target
Vedanta shares rally 6%: Why Nuvama calls other businesses ‘virtually free’, predicts 28% upside
Tata Steel Shares Jump Over 4%, Stock Touches New 52-Week High Near ₹191
Tata Steel to Godrej Properties - Jay Thakkar suggests three stocks to buy or sell for short-term in F&O segment
Vedanta share price hits fresh all-time high, extends winning streak to fourth session; Nuvama lifts target price
4 ‘Buy’ recommendations by Nuvama, with up to 52% upside potential
