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Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power shares crash up to 8% post Q1 updates; Vedanta Aluminium rises

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Vedanta Oil & Gas, Vedanta Iron & Steel, Vedanta Power shares crash up to 8% post Q1 updates; Vedanta Aluminium rises
The shares of Vedanta Oil & Gas, Vedanta Iron & Steel, and Vedanta Power crashed up to 8% on Monday after the respective Q1 updates from the recently listed companies failed to impress Dalal Street bulls.

Vedanta Aluminium Metal shares, however, gained over 1% on Monday morning. The four companies that were spun out of Vedanta earlier this year following the mega demerger released their Q1 business updates after market hours on Friday.

Vedanta Oil & Gas Q1 update

Vedanta Oil & Gas shares crashed more than 8% to trade at Rs 39.3 apiece on the NSE. This came after the company reported a 17% year-on-year (YoY) decline in gross oil and gas production to 7.1 million boe for the April-June quarter of FY27, from 8.5 million boe in the corresponding quarter of the previous financial year. Sequentially, gross output also declined about 4% from 7.3 million boe reported in the fourth quarter of the previous financial year.

Its total working interest, meanwhile, dropped 16% YoY to 4.7 million boe during the quarter under review. Its largest asset in Rajasthan recorded a 15% YoY decline in average daily gross operated production to 63.1 kboepd.

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Vedanta Oil & Gas shares have gained over 20% in one week and 11% since listing. Its market capitalisation currently stands at over Rs 15,434 crore.

Also read: Vedanta among top 5 stocks with lowest price-to-earnings ratio. Check details

Vedanta Iron & Steel Q1 update

After delivering massive returns since listing, Vedanta Iron & Steel shares tumbled around 5% to trade at Rs 38.5 apiece on the NSE on Monday morning. This came after the company reported a 4% YoY rise in saleable iron ore production to 2.6 million DMT in the first quarter of FY27. Sequentially, however, production fell 3% from 2.7 million DMT reported in the fourth quarter of FY26.
Vedanta Iron & Steel’s Karnataka plant saw a 46% YoY drop in saleable iron ore production, while the Goa and Odisha plants recorded 166% and 59% surges in output, respectively. Overall steel production, meanwhile, rose 4% YoY to 582,000 tonnes during the quarter under review.Vedanta Iron & Steel shares have risen around 19% in one week and 84% since listing. The company currently has a market capitalisation of Rs 15,055 crore.

Vedanta Power Q1 update

Vedanta Power shares dropped around 4.5% to trade at Rs 43.67 apiece on the NSE. The company said power sales grew 38% YoY to 5,225 million units in Q1 FY27 from 3,784 million units in Q1 FY26. Sequentially, however, sales fell 6% from 5,530 million units reported in the fourth quarter of FY26.

Power sales at Talwandi Sabo Thermal Plant and Meenakshi Energy grew 14% and 16%, respectively, on a sequential basis in Q1. However, sales at Sakti Thermal Plant and Jharsuguda Thermal Plant declined 57% and 23%, respectively, from the previous quarter.

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The company attributed the decline in power sales at Sakti Thermal Plant to reduced plant availability following a boiler incident on April 14, which significantly impacted operations during the quarter.

Vedanta Power shares have gained over 6% in one week and 7% since listing.

Also read: Vedanta Power shares fall 3% despite 38% jump in Q1 sales. Should you buy, sell or hold?


Vedanta Aluminium Metal Q1 update

Vedanta Aluminium Metal shares gained more than 1% to trade at Rs 467.85 apiece on the NSE. The company reported its highest-ever quarterly aluminium production of 6.32 lakh tonnes in Q1 FY27, marking a 5% YoY and 3% quarter-on-quarter (QoQ) increase. Power sales at BALCO rose 21% YoY to 520 million units during the quarter under review.

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“Progress at the BALCO expansion remains steady, with a measured approach focused on operational stability and efficiency as capacity gradually scales up. The ramp-up is on track for full capacity utilisation by Q4,” the company said.

Vedanta Aluminium Metal, which was listed as the only large-cap company among the four entities last month, has seen its share price rise around 3% over the past week. The stock, however, has declined more than 6% since listing and currently commands a market capitalisation of nearly Rs 1.81 lakh crore.

Also read: Vedanta, TCS among 5 stocks with the highest dividend yield. Check details

(Disclaimer: Recommendations, suggestions, views, and opinions expressed by the experts are their own and do not represent the views of The Economic Times.)

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Thailand’s 2027 Action Plan Targets High-Value Tourism Growth

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Thailand's 2027 Action Plan Targets High-Value Tourism Growth

Thailand’s Tourism Minister introduced the 2027 Action Plan, emphasizing high-value tourism growth through innovation, data integration, and targeting premium markets, while promoting sustainability and year-round travel.


Key Points

  • Overview of the Action Plan: Minister Surasak Phancharoenworakul launched the Tourism Authority of Thailand (TAT) Action Plan 2027 in Bangkok on July 13, 2026, focusing on positioning Thailand as a high-value tourism destination. Key officials, including Permanent Secretary Natthriya Thaweevong and TAT Governor Thapanee Kiatphaibool, highlighted strategic marketing policies and tourism’s role in the economy.
  • Strategic Guidelines: The action plan emphasizes four strategic guidelines: elevating Thailand as a high-value destination, enhancing competitiveness through market balance, advancing the industry via data and innovation, and developing a high-performance organization. Integration of data, technology, and AI is crucial for sustainable travel experiences.
  • Focus on Transformation: The TAT identified 2027 as “The Year of Transformation,” shifting its focus from tourist volume to high-value travelers through targeted demographics, promoting secondary cities, and developing sustainable tourism. An upcoming Market Briefing on July 21, 2026, will connect local operators with global market opportunities, with detailed marketing directions to be announced in August 2026.

Tourism Minister Outlines 2027 Action Plan to Position Thailand as a High-Value Destination

Minister of Tourism and Sports Surasak Phancharoenworakul opened the Tourism Authority of Thailand Action Plan 2027 meeting in Bangkok on July 13, 2026. He was joined by Permanent Secretary and Board Chairwoman Natthriya Thaweevong and TAT Governor Thapanee Kiatphaibool to present strategic marketing policies to position Thailand as a high-value regional destination.

​The minister emphasized tourism’s role as a primary economic driver and outlined four guidelines for quality, balanced, and sustainable growth: elevating Thailand as a high-value destination, increasing competitiveness through market balance, advancing the industry with data and innovation, and building a high-performance organization. Permanent Secretary Natthriya supported this vision, highlighting the importance of integrating data, technology, and artificial intelligence in planning to strengthen national competitiveness and provide sustainable travel experiences.

​The TAT Governor announced 2027 as “The Year of Transformation” for the agency. The strategy shifts focus from tourist volume to high value through four pillars: targeting high-value demographic segments, promoting year-round travel and secondary cities with experience-based marketing, developing new growth engines such as creative culture and sustainable tourism, and transforming the agency into an agile, data-driven organization.

​After internal planning, the TAT will host a Market Briefing and Tourism Clinic at the Queen Sirikit National Convention Center on July 21, 2026. This event will enable local operators to connect with overseas directors, build networks, and explore global market opportunities. The official 2027 tourism marketing direction will be announced to industry partners and the public in August 2026.

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Source : Tourism Minister Outlines 2027 Action Plan to Position Thailand as a High-Value Destination

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