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Vedanta shares fall 6% after Rs 2,149 crore block deal; promoter Twin Star likely seller

As reported by Stocks-Markets-Economic Times
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.
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Vedanta shares dropped by up to 6% following a significant block deal worth Rs 2,149 crore. Media reports suggest promoter entity Twin Star Holdings likely sold around 7.3 crore shares at Rs 292 each. This substantial stake reduction led to the stock's intraday decline from its…

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