Vedanta slumps 20 percent on worries about Cairn India investment

Reuters 

(Reuters) - Shares of Indian Ltd slumped about 20 percent on Friday to a 30-month low in heavy trade, on concerns about one of its transactions in the third quarter.

More than 45 million shares changed hands in the 30 minutes of trading, making them the most heavily traded stock on the NSE index.

said on Thursday its foreign unit had paid a part sum of $200 million to buy a stake in from

(Reporting by Chandini Monnappa in Bengaluru; Editing by Subhranshu Sahu)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, February 01 2019. 10:20 IST