24 February, 2026
The primary reasons for the fall in Vedanta shares on Friday, January 30, 2026, are sharp selling pressure in the broader metal sector and profit-taking by investors after a recent rally. The stock's current price is around ₹713.20, a decline of over 6%.
- Sector-Wide Weakness: The Non-Ferrous Metals sector saw an overall decline of 4.5% today due to a steep correction in global prices of gold, silver, and base metals. Vedanta's fall was sharper than the sector's average, indicating relative underperformance.
- Profit Booking: The share price fell after six consecutive days of gains, suggesting that investors engaged in profit-taking, which added to the selling pressure.
- Broader Market Sentiment: The decline coincided with a cautious mood in the overall Indian equity markets, with both the Sensex and Nifty trading lower, influenced by weak global cues.
- Q3 Results Context: The fall occurred despite Vedanta reporting a strong 60% jump in net profit for the December quarter (Q3 FY26). The positive earnings report was overshadowed by the broader sectoral and market pressures.
- Analyst Rating: The stock's Mojo Grade was downgraded from 'Buy' to 'Hold' earlier in January, reflecting a reassessment of its near-term outlook amid market volatility.