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Vedanta shares rebound 6% today after ex-demerger drop; stock recovers post-adjustment losses
The recovery in Vedanta’s share price today comes after a phase of profit-booking and technical adjustments ahead of the demerger record date.
Stocks to Watch Today: Infosys, IRFC, Honasa Consumer, Rashi Peripherals, City Union Bank, Delhivery, Clay Craft India in focus on 24 June
Stocks to Watch, 24 Jun: Stocks like Infosys, Indian Railway Finance Corporation, Honasa Consumer, Rashi Peripherals, Imagicaaworld Entertainment, Vedanta, Delhivery, DP Wires, and Clay Craft India will be in focus on June 24.
Buzzing Stocks: Vedanta slips 7% as promoter sales stake; Craftsman Automation, Lemon Tree Hotels gain
Shares of Bharat Electronics down marginally despite the defence PSU secured additional orders worth ₹1,081 crore since May 25.
Vedanta stock in focus today as promoter Twin Star likely to sell Rs 1,890 crore stake via block deal
Promoter group entity Twin Star Holdings will likely sell up to 1.7 percent equity stake via block deals. The sale may raise Rs 1,890 crore for the promoter at Rs 291 per share floor price.
Vedanta stock falls 6% as promoter stake sale worth Rs 2,149 crore goes through via block deals
As many as 7.3 crore shares of Vedanta Ltd were sold in block deals at Rs 292 per share. While the identities of the buyers and sellers were not immediately known, market participants had expected the transaction to involve promoter stake dilution by Twin Star Holdings.