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Vedanta stock drops 65% on ex-demerger adjustment

after close1 source ↓written by the desknot a recommendation

to ₹276
65%

Shares of Vedanta Ltd. fell 65% to ₹276 on 30 Apr 2023, following the stock's ex-demerger adjustment, down from ₹773.25. The record date for the demerger is set for 1 May, impacting investors holding shares prior to the ex-date. This decline reflects price adjustments rather than fundamental issues in the business.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 30 Apr 2026, 16:14 IST.

Sourcesnews.google.com

The market after the news

VEDL closed +8.5% on the day of the news, from ₹271.55 to ₹294.65; Nifty +0.5% over the same session; futures OI +54.3%.

Bulletin at 16:14 IST on 30 Apr 2026. Every change is measured from ₹271.55, the last close before it, on 30 Apr. Nifty 50 is measured over the same sessions.

  • VEDL close ₹
  • Nifty 50, rebased to the close before the news
  • close before the news
  • above it
  • below it
  • futures OI, lots
VEDL closes around the bulletin against the close before the news, with Nifty 50 rebased to it239.72506.66773.60axis spans 223%before the news · 30 Apr271.55Nifty 50VEDLbulletinD0+1+3+524 Apr7 May18 MayFutures open interest, lotspeak 36,000Reference close ₹271.55. 16 sessions from 24 Apr to 18 May; the price axis spans 223 percent.
price axis fixed at 4 × the 14-session true range around the close before the news · values printed at each marked session
Closes after the news against the close before it, with Nifty 50 over the same span
SessionClose ₹Change %Nifty %
Before30 Apr₹271.55basebase
On the day4 May₹294.65▲ +8.5%▲ +0.5%+8.0 pp difference
+1 session5 May₹303.90▲ +11.9%▲ +0.1%+11.8 pp difference
+3 sessions7 May₹305.40▲ +12.5%▲ +1.4%+11.1 pp difference
+5 sessions11 May₹298.40▲ +9.9%▼ −0.8%+10.7 pp difference
Gap at the open, % · ₹
▲ +2.0%+5.46 on 4 May
Day's range, % · ₹
7.8%≈ 21 high to low
Volume on the day
3.79×the 20-session average
Futures OI on the day
▲ +54.3%+6,700 lots · long build-up · price +8.5%
Futures OI open, lots
19,0004 May · 26 May expiry
Futures premium, ₹
+1.35+0.5% to spot
Puts per call, by OI
0.50from 0.43 the session before
Max pain
280from 280 the session before

Source NSE UDiFF bhavcopy · VEDL on the desk →

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