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Vedanta shares plunge on LSE as deal talks to buy Cairn stake roil investors

Business
Published on 24 April 2026
Vedanta shares plunge on LSE as deal talks to buy Cairn stake roil investors

A stake purchase plan sparks a sudden 5 percent drop

Vedanta’s stock fell sharply on the London Stock Exchange, trading about 5.5% lower in the late afternoon and swinging from an early gain into the red. The move comes as market chatter swirls around talks to buy a stake in Cairn, highlighting how deal speculation can quickly hit sentiment and pricing.

  • Vedanta shares slid about 5.5% on the LSE
  • The stock flipped from early gains into losses
  • Decline is tied to talks over buying Cairn stake
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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