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Vedanta Group stocks trade lower as Vedanta Iron and Steel falls
Vedanta Iron and Steel is down about 17.7% over the past month, while Vedanta Limited was around ₹258.10 per share at 10 am on Tuesday.
LiveMint Markets reported that Vedanta Group stocks were trading under pressure in early Tuesday trading, with nearly all six major listings in the group declining over the past month.
Among them, Vedanta Iron and Steel fell nearly 17.7% over one month, and Vedanta Limited shares opened lower before a mild recovery during the day.
As of 10 am on Tuesday, Vedanta Limited was trading marginally lower at ₹258.10 per share on the BSE, the outlet said, with a market capitalization of ₹1,00,927.12 crore.
LiveMint Markets also cited technical commentary noting support around ₹250 and major resistance near ₹270, while stating the stock delivered a negative 10% return over the past one month.