Hindustan Zinc shares slide 6% as Vedanta likely offloads Rs 3,323 crore worth of shares in block deal

Hindustan Zinc shares plummeted 6% following a block deal involving approximately 14.8 lakh shares, with Vedanta likely being the seller aiming to offload shares worth ₹7,500 crore. This move occurs as Hindustan Zinc approves a ₹12,000 crore expansion plan and Vedanta seeks to generate liquidity amidst restructuring efforts and debt obligations.