New Delhi, Oct. 14 -- Vedanta Power shares surged as much as 13% in intraday trade on the BSE on Wednesday, 14 October, looking set to snap their five-day losing streak. Vedanta Power share price opened at Rs.30.54 against its previous close of Rs.30.24 and jumped 13.3% to an intraday high of Rs.34.25. The sharp jump in the stock price followed a spurt of more than threefold in volume.

On a monthly scale, the stock is flat so far in October after a nearly 7% fall in the previous month. Over the last three months, the stock has declined 18%, compared to a 5% drop in the equity benchmark Sensex.

Vedanta Power shares hit their 52-week high of Rs.52.49 on 3 July and a 52-week low of Rs.29.92 on 13 October this year.

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