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MetalsMiningPre-market

Viceroy criticizes Vedanta's KCM IPO amid financial distress

pre-market1 source ↓written by the desknot a recommendation

Viceroy Research has criticized Vedanta Resources Ltd for its planned IPO of Konkola Copper Mines (KCM), labeling it a 'window dressing' to hide mounting debt and deteriorating fundamentals. The report claims the IPO aims to project solvency while the company faces liquidity stress. This raises concerns about Vedanta's financial health and may impact investor sentiment.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 8 Nov 2025, 07:13 IST.

Sourcesnews.google.com

The market after the news

VEDL closed +0.9% on the day of the news, from ₹515.05 to ₹519.60; Nifty +0.3% over the same session; futures OI +0.3%.

Bulletin at 07:13 IST on 8 Nov 2025. Every change is measured from ₹515.05, the last close before it, on 7 Nov. Nifty 50 is measured over the same sessions.

  • VEDL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
VEDL closes around the bulletin against the close before the news, with Nifty 50 rebased to it454.69515.05575.41axis spans 27%before the news · 7 Nov515.05Nifty 50VEDLbulletinD0+1+3+531 Oct13 Nov24 NovFutures open interest, lotspeak 98,000Reference close ₹515.05. 16 sessions from 31 Oct to 24 Nov; the price axis spans 27 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before7 Nov₹515.05basebase
On the day10 Nov₹519.60▲ +0.9%▲ +0.3%+0.6 pp difference
+1 session11 Nov₹523.85▲ +1.7%▲ +0.8%+0.9 pp difference
+3 sessions13 Nov₹529.60▲ +2.8%▲ +1.5%+1.3 pp difference
+5 sessions17 Nov₹520.80▲ +1.1%▲ +2.0%−0.9 pp difference
Gap at the open, % · ₹
▲ +1.2%+5.97 on 10 Nov
Day's range, % · ₹
1.6%≈ 8.3 high to low
Volume on the day
0.84×the 20-session average
Futures OI on the day
▲ +0.3%+310 lots · long build-up · price +0.9%
Futures OI open, lots
96,00010 Nov · 25 Nov expiry
Futures premium, ₹
+2.55+0.5% to spot
Puts per call, by OI
0.76from 0.76 the session before
Max pain
500from 500 the session before

Source NSE UDiFF bhavcopy · VEDL on the desk →

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