Vedanta's Market Cap Soars Past ₹2.6 Lakh Crore, Shares Hit New Record of ₹675

• Vedanta Limited shares reached a new record of ₹675 on January 14, pushing its market capitalization to approximately ₹2.6 lakh crore.
• The stock has gained about 11% this year and delivered over 56% return (60% with dividends) over the past year, significantly outperforming major indices.
• Key drivers for the surge include expectations of rising aluminum prices, higher production, cost reductions, and value unlocking from the demerger.
• The NCLT's Mumbai bench approved Vedanta's demerger on December 16, splitting it into five separate listed companies.
• Vedanta's subsidiary, Hindustan Zinc, also saw its market cap exceed ₹2.81 lakh crore, benefiting from surging silver prices.

Why It Matters: Vedanta's market cap surged past ₹2.6 lakh crore, with shares hitting a new record, driven by commodity prices and demerger plans.