Vedanta stock falls 7% after massive block deal
Vedanta Ltd. saw its stock drop 7% to ₹284.45 after a block deal of 116 million shares valued at ₹1,890 cr. The sell-off, involving Twin Star Holdings, may affect market sentiment significantly.
pre-market1 source ↓written by the desknot a recommendation
- in stock price
- 7% drop
- intra-day low
- ₹284.45
- block deal involving
- 116 million shares
- valued at approximately
- ₹1,890 cr
- offloading
- 65.07 million shares
Vedanta Ltd. experienced a 7% drop in stock price during early trading on 23 June 2026, hitting an intra-day low of ₹284.45. This decline followed a significant block deal involving 116 million shares, valued at approximately ₹1,890 cr. Reports suggest that Twin Star Holdings was a key seller in this transaction, offloading around 65.07 million shares.
The heavy sell-off may impact market sentiment towards the stock, as the high volume of shares traded represents nearly 3% of Vedanta’s total equity.
Not investment advice. For informational purposes only.