Vedanta shares drop 6% after protests in Tamil Nadu

New Delhi

After opening the day on a weak note, the stock further lost 5.80 percent to Rs 253.85 on BSE. (Reuters)

Shares of Vedanta fell 6 percent on Wednesday on the reports that nine people were killed in police firing after protests against the closure of Vedanta group's Sterlite Copper plant turned violent in Tamil Nadu's Thoothukudi.

After opening the day on a weak note, the stock further lost 5.80 percent to Rs 253.85 on BSE.

On NSE, shares of the company dropped 6 percent to Rs 253.75.

Nine people were killed in police firing after protests against the closure of Vedanta group's Sterlite Copper plant over pollution concerns turned violent in Thoothukudi, with the police action drawing opposition criticism.

The protests have been going on in Tuticorin for over three months now, but violence erupted yesterday with agitators fighting pitched battles with police, prompting an open fire.

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Vedanta shares drop 6% after protests in Tamil Nadu

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