Vedanta shares are in the spotlight today after the Supreme Court dismissed Vedanta Group’s plea seeking additional compensation in the Talwandi Sabo power project case. The verdict blocks Vedanta from extracting further payouts from the project, creating a fresh setback for the company’s restructuring roadmap.

The ruling comes at a time when the National Company Law Tribunal (NCLT) has already rejected the proposed demerger of Talwandi Power from Vedanta, dealing another blow to its ambitious restructuring plans.

Vedanta shares opened at ₹451.00, slightly higher than the previous close of ₹450.20. During intraday trade, Vedanta hit a low of ₹444.10 and climbed to a high of ₹452.35, reflecting cautious investor sentiment. The stock has seen significant swings, with its 52-week low at ₹363.00 and a 52-week high at ₹526.95.

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TOPICS: Vedanta