Vedanta shares fall 6% after Rs 2,149 crore block deal; promoter Twin Star likely seller
Vedanta's stock experienced a significant dip, dropping up to 6% from its intraday peak of Rs 287. This decline followed media speculation that promoter entity Twin Star Holdings likely reduced its stake via a substantial block deal. Around 7.3 crore shares, valued at Rs 2,149 crore, were reportedly traded at Rs 292 each. Further details are anticipated.