The stock came under selling pressure after Anil Agarwal-led Vedanta Ltd on Wednesday said it has divested a 1.6% stake in its arm Hindustan Zinc Ltd (HZL) for nearly ₹3,028 crore. As Vedanta actively progresses towards the demerger of its businesses, the money raised through the stake sale will help deleverage the balance sheet and enhance financial flexibility, enabling each of the demerged entities to pursue their independent growth plans.

#StockInNews#WatchOutFor#TechnicalViews#Miscellaneous