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Posted On
date_range 24 May 2018 8:36 PM IST Updated On
date_range 24 May 2018 8:36 PM ISTVedanta shares slump 6% after T.N. protests
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New Delhi: Shares of Vedanta fell 6% on Wednesday amid reports that 11 people were killed in police firing after protests against Vedanta’s Sterlite Copper plant turned violent at Thoothukudi in Tamil Nadu.
After opening the day on a weak note, the stock further lost 5.8% to Rs. 253.85 on the BSE.
On the NSE, shares dropped 6% to Rs. 253.75.
The protests have been going on in Thoothukudi for more than three months now, but violence erupted on Tuesday with agitators fighting pitched battles with police.
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