Why Did Vedanta Shares Crash Over 7% Today? Here’s What Happened
Alex Smith
2 hours ago
Synopsis: Vedanta shares came under pressure after reports of a promoter stake sale through a block deal. The transaction follows the company’s recent demerger and has drawn investor attention.
The shares of this large cap company majorly engaged in exploring, extracting and processing minerals and oil & gas plunged nearly 7 percent after reports circulated about the promoter stake sale
With the market capitalization of Rs. 1,11,896 Crores, the shares of Vedanta Ltd reached an intraday low of Rs. 284.45 per share falling nearly 7 percent from its previous day close of Rs. 305.85 per share and is trading at a P/E of 13 whereas industry P/E stands at 33.6
What is the NEWS
Vedanta’s promoter entity, Twin Star Holdings, is likely to sell up to 1.7 percent stake in the company through a block deal. The transaction may involve up to 6.5 crore shares and is expected to raise around Rs. 1,890 crore. The floor price for the deal has been set at Rs. 291 per share, representing a 4.9 percent discount to the previous closing price of Rs. 305.85. The sale is being closely watched by market participants as it involves a significant promoter holding.
As of March 31, 2026, Twin Star Holdings held a 40.02 percent stake in Vedanta. The overall promoter group’s shareholding stood at 56.38 percent . Even after the proposed transaction, the promoter group is expected to retain majority ownership and control of the company.
The proposed stake sale comes shortly after Vedanta completed its demerger process. Under the restructuring plan, the company’s aluminium, oil & gas, power, and iron & steel businesses were separated into independent listed entities. The demerger was undertaken with the objective of creating focused business units and unlocking value for shareholders.
About The company and Financials
Vedanta Limited is a leading global producer of metals, critical minerals and technology, serving industries that drive today’s economy while also building businesses for the future. The company has a strong track record of identifying opportunities in emerging sectors and scaling them into world-class operations.
With a presence across India, Africa, the Middle East and East Asia, Vedanta operates in some of the world’s fastest-growing regions. Sustainability remains a key part of its long-term strategy, supported by strong ESG practices, a people-focused workplace culture and a commitment to achieving net-zero emissions by 2050 or earlier.Through continued expansion, innovation and long-term partnerships, Vedanta aims to create lasting value for economies, communities and stakeholders across the globe.
Year on Year analysis: Revenue from operations has increased from Rs. 16,686 Crores to Rs. 24,609 Crores, up 47 percent. Operating profit has increased from Rs. 5246 Crores to Rs. 7559 Crores, up 44 percent and net profit has increased from Rs. 4961 Crores to Rs. 9352 Crores, up 88 percent.
Quarter on Quarter analysis: Revenue from operations has increased from Rs. 21,337 Crores to Rs. 24,609 Crores, up 15 percent. Operating profit has increased from Rs. 6521 Crores to Rs. 7559 Crores, up 16 percent and net profit has increased from Rs. 7807 Crores to Rs. 9352 Crores, up 19 percent
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