Global Stock News

Vedanta crashes 6%: 4 crucial factors to watch are… – Market News

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…

Source link

Share this article

Scroll to Top