Vedanta shares slip into red on parent firm planning to deleverage debt report

Shares of Vedanta Ltd returned to the negative territory in Wednesday's late deals. The stock fell 0.24 per cent to trade at Rs 266.35 after it was reported that Vedanta Resources, parent firm of the Mumbai-based mining conglomerate, may deleverage $3 billion in debt over the next three years.

On BSE, around 3.07 lakh shares were last seen changing hands today. The figure was lower than the two-week average volume of 5.52 lakh shares. Turnover on the counter came at Rs 8.14 crore, commanding a market capitalisation (m-cap) of Rs 99,211.98 crore.

Further details are awaited.