Vedanta Power shares fell over 3% on Thursday, slipping below their listing price after debuting earlier this week following the Vedanta demerger. Analysts said the stock remains the most defensive among the four newly listed entities, supported by regulated returns, while advising investors to focus on business quality, sector cycles and execution outlook.
LIC won’t sell stake in NSE IPO OFS, betting on exchange’s long-term potential
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange’s IPO. LIC holds a significant 10.7% stake in NSE. The