Vedanta share price came under pressure after promoter entity Twin Star Holdings sold a 1.8% stake in the company through a bulk deal worth nearly ₹1,896 crore.
On June 23, Vedanta's share price fell around 9% following a large stake sale by Twin Star Holdings. The promoter entity sold 6.5 crore shares, representing approximately 1.8% of the company's equity.
The transaction was executed at an average price of ₹291.36 per share, taking the total deal value to about ₹1,895.97 crore.
Twin Star Holdings, often linked with Twin Star Mauritius Holdings, is the largest promoter shareholder of Vedanta. The company is ultimately controlled by Volcan Investments and acts as an investment and holding vehicle for promoter stakes in businesses across metals, mining, oil and energy sectors.
Vedanta share price (NSE: VEDL) has faced pressure in recent weeks. The shares have declined more than 5% over the last 5 trading sessions and have fallen over 15% in the past month following the company's demerger. Vedanta shares have gained around 29% in the last 6 months and approximately 74% over the past year.
Vedanta reported its highest-ever quarterly profit in the fourth quarter of FY26.
The company posted a consolidated net profit of ₹9,352 crore, up 89% year-on-year. The strong earnings came ahead of the group's demerger, which became effective on May 1, 2026.
Consolidated revenue increased 29% year-on-year to ₹51,524 crore during the quarter.
The company's EBITDA rose 59% to a record ₹18,447 crore, while EBITDA margins improved sharply to nearly 44%, reflecting strong operational performance.
Vedanta is one of the world's leading natural resources companies. Headquartered in Mumbai, the company operates across mining, metals, oil and gas businesses.
It is India's largest producer of aluminium and a major producer of zinc, lead, silver, copper, iron ore, steel and oil & gas products.
The sale of a 1.8% stake by promoter Twin Star Holdings triggered a sharp decline in Vedanta's share price, reflecting short-term market concerns.
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Published on: Jun 24, 2026, 11:21 AM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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