Vedanta Iron & Steel Share Price Hits Upper Circuit on June 30, 2026, Gains Over 70% Since Listing

Vedanta Iron & Steel share price remained in focus on Tuesday, June 30, after hitting the 10% upper circuit, extending its winning streak to 11 consecutive trading sessions since listing. The stock has gained more than 70% from its listing price, supported by institutional buying and investor interest following the Vedanta Group demerger. 

Vedanta Iron & Steel Share Price Hits 10% Upper Circuit 

As of June 30, 2026, at 10:47 AM, Vedanta Iron & Steel share price was locked at the 10% upper circuit at ₹35.66 each on the NSE, up ₹3.24 or 9.99% for the day.  

During the session, the stock opened at ₹33.90, touched an intraday high of ₹35.66, and a low of ₹32.45. The company's total market capitalisation stood at ₹13,823.22 crore. 

The stock has delivered an absolute return of 27.31% over the past 1 week, compared with 0.32% for the Nifty 50 during the same period. 

Vedanta Iron & Steel Has Rallied Over 70% Since Listing 

Vedanta Iron & Steel was listed on the NSE and BSE on June 15, 2026, following the Vedanta Group's demerger. The stock debuted at ₹20 per share on the NSE with a market capitalisation of approximately ₹7,821 crore. 

Since its listing, the stock has surged more than 70%, nearly doubling the company's market value to around ₹13,823 crore, while extending its gains for 11 consecutive trading sessions. 

Premji Invest Bought Vedanta Iron & Steel Shares 

Investor sentiment received support soon after the company's market debut when Premji Invest's PI Opportunities AIF V LLP, backed by Azim Premji, acquired shares worth approximately ₹102 crore. The investment drew attention to the newly listed company and contributed to positive market sentiment. 

Read More: Vedanta Expands into Real Estate with New Subsidiary Vedanta Property Platforms Limited 

Vedanta Iron & Steel's Expansion Strategy 

Vedanta Iron & Steel has outlined plans to build a resource-backed integrated steel business by leveraging its long-life iron ore reserves and integrated operations. 

The company intends to expand capacity across multiple product segments, including ferro-silicon, ductile iron pipes, wire rods, and rebars, as part of its strategy to strengthen its integrated steel business. 

The company is backed by nearly 4 billion tonnes of iron ore reserves and resources, providing more than 50 years of raw material security to support its integrated iron ore and steel operations. 

Vedanta Iron & Steel Business 

Vedanta Iron & Steel operates across India and Africa, with businesses spanning iron ore exploration, mining, and processing. Its product portfolio includes steel, wire rods, TMT bars, pig iron, ductile iron (DI) pipes, ferro-silicon, cement, and metallurgical coke. 

Conclusion 

Vedanta Iron & Steel share price has continued its post-listing rally, hitting the upper circuit and extending gains to 11 consecutive trading sessions. The stock's performance has been supported by institutional investment, investor interest following the Vedanta Group demerger, and the company's integrated steel business strategy backed by substantial iron ore reserves. 

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