Vedanta crashes 6%: 4 crucial factors to watch are… – Market News
Vedanta’s share price took a sharp hit in early morning trade on April 4, slipping nearly 6%. The stock hit an intraday low of Rs 414.35, pulling back sharply as the broader market also opened weak, with the Sensex down 1%.
While other metal stocks also came under pressure, Vedanta underperformed the Nifty Metal index, which fell around 4% during the same window.
Let’s take a look at the key development of the company in recently –
Vedanta: Record output, Yet market reaction turns bearish
Interestingly, the price dip came just a day after the company reported record-breaking production across several business verticals for the March quarter and FY25.
For the quarter and financial year ending March 31, 2025, Vedanta…