Hindustan Zinc Shares Drop 7% as Vedanta Sells ₹3,323 Cr Stake in Block Deal
Shares of Hindustan Zinc Ltd (HZL) plunged approximately 7% to around ₹452.50 on June 18, following the offloading of 1.71% stake (around 7.2 crore shares) in a block deal worth about ₹3,323 crore—a move widely attributed to promoter Vedanta Ltd. What Sparked the Sell-Off? Market Reaction & Analyst Take Corporate Strategy: Key Investments & Capex…