Vedanta shares fall over 3% after declaring first interim dividend for FY26

Vedanta shares fell over 3% after declaring a Rs 7 interim dividend for FY26 and selling a 1.6% stake in Hindustan Zinc for Rs 3,028 crore. The company aims to use the proceeds to reduce debt ahead of its planned demerger. Despite a strong dividend track record, Vedanta stock has declined 10% over the past six months.