Vedanta shares tumble 7% as US dollar hits record peak
- Posted on February 3, 2025
- By Business News Today
- 4 Views
Vedanta shares tumble 7% as US dollar hits record peak
Vedanta shares plunged 7% to Rs 410 as the US dollar hit a record high, weakening the Indian rupee and hurting metal stocks. Trump tariffs fueled market concerns, impacting Nifty Metal stocks. Vedantas Q3 earnings showed a 76% YoY profit jump, while analysts see a 22% upside with a Rs 513 target price.
