Vedanta Shares Crash 63 Percent to ₹289 After Demerger Price Discovery

It looks like a wipeout but may be a technical reset

Vedanta Ltd shares plunged more than 63% to around ₹289.50 after a company-mandated special price discovery session tied to its historic five-way vertical demerger. Although the price action appears like a heavy loss from the previous close of ₹773.60, the move largely reflects the stock turning ex-demerger and resetting how value is quoted post-split.