Vedanta shares fall 6% after Rs 2,149 crore block deal; promoter Twin Star likely seller (opens original article in a new tab)
Vedanta shares dropped 6% after a block deal involving its promoter, Twin Star Holdings, which likely reduced its stake, while the company was removed from MSCI indices following a demerger and reported strong Q4 financial results.
- Vedanta shares fell 6% after a block deal involving 7.3 crore shares worth Rs 2,149 crore
- Twin Star Holdings, Vedanta's largest promoter, likely reduced its stake in the transaction
- Vedanta was removed from MSCI Global Standard Indices following its demerger
- Vedanta's Q4 FY26 net profit rose 154% to Rs 3,483 crore
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