Vedanta’s stock experienced a significant dip, dropping up to 6% from its intraday peak of Rs 287. This decline followed media speculation that promoter entity Twin Star Holdings likely reduced its stake via a substantial block deal. Around 7.3 crore shares, valued at Rs 2,149 crore, were reportedly traded at Rs 292 each. Further details are anticipated.
RR Kabel shares jump 10% as Q1 PAT surges 129% YoY, Ebitda doubles
RR Kabel reported a strong June-quarter performance, with profit after tax surging 129% year-on-year and Ebitda nearly doubling, driven by robust growth in its Wires