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Should investors buy the dip in Vedanta shares after 9% slide? Analysts weigh in
Vedanta shares fell on Tuesday after promoter entity Twin Star Holdings reportedly sold around 7.3 crore shares (1.7% stake) worth ₹2,149 crore through a block deal. Analysts said the stock has turned technically weak after breaking below key support levels and its 100-day EMA, with bearish signals from RSI and MACD indicators.
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Vedanta shares fall 6% after Rs 2,149-crore block deal; promoter Twin Star likely seller
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…
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Vedanta Power, Oil & Gas, and Iron shares rally up to 5%; Aluminium sheds 3%. Should you buy, sell or hold?
Vedantas newly demerged entities extended their rally, with Oil & Gas, Power and Iron & Steel hitting upper circuits, while Aluminium slipped despite Citis bullish outlook.…
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Should investors buy the dip in Vedanta shares after 9% slide? Analysts weigh in
Vedanta shares fell on Tuesday after promoter entity Twin Star Holdings reportedly sold around 7.3 crore shares (1.7% stake) worth ₹2,149 crore through a block deal. Analysts said…
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Promoter Twin Star sells Vedanta shares worth Rs 1,896 crore in block deal
Twin Star Holdings, a promoter entity of Vedanta, sold 6.51 crore shares worth nearly Rs 1,896 crore through a block deal on Tuesday. The transaction comes amid Vedanta's ongoing…
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Vedanta may have a couple more tranches of promoter-driven selling; stock likely to bounce back in 1-2 weeks: Ambareesh Baliga
Vedanta shares saw a significant drop following a large block deal, but analysts suggest the selloff is temporary. Promoter entity Twin Star Holdings is reportedly behind the…
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Vedanta Power, Oil & Gas shares fall 3%; Vedanta Aluminium, Iron & Steel jump up to 5%. What lies ahead?
Vedanta's demerger saw mixed fortunes for its listed entities. While Vedanta Power and Oil & Gas shares dipped, Vedanta Aluminium and Iron & Steel surged, with the latter showing…