Vedanta Demerger, June 16 -- Shares of Vedanta Ltd and its newly listed demerged entities witnessed mixed trading on Tuesday, 16 June, a day after making their stock market debut. While some of the newly carved-out businesses came under selling pressure amid profit booking, others attracted buying interest, highlighting diverging investor sentiment towards the individual businesses created under the group's long-awaited restructuring exercise.

The parent company, Vedanta Ltd, declined 1.7% to Rs.297.50. Among the demerged entities, Vedanta Aluminium Metal Ltd was locked in the 5% lower circuit at Rs.475.65, while Vedanta Oil & Gas Ltd also hit its 5% lower circuit limit at Rs.35.20.

In contrast, Vedanta Iron & Steel Ltd emerged as the b...