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Why did Vedanta shares drop over 64% on Thursday?
short by Vaishnavi Mishra / on Thursday, 30 April, 2026
Vedanta stock fell over 64% on Thursday to the day's low of ₹271.50. This was a technical adjustment caused by the company's split into five separately listed entities. The adjustment came after a special pre-open session, which was conducted to discover the ex-demerger price. The current share price excludes the value of these four verticals, which explains the steep drop.
read more at Moneycontrol