Vedanta Demerger, April 30 -- Vedanta share price appeared to plunge 63.8% to around Rs.280 on NSE on Thursday, April 30, during a special pre-open session. However, this sharp fall is purely technical and does not reflect any destruction of investor wealth, as the stock adjusted for its much-awaited demerger.

The decline comes as Vedanta began trading on an ex-demerger basis, meaning the stock price now excludes the value of its four newly carved-out businesses. For investors, this is a standard adjustment seen in corporate restructurings, where the parent stock price resets while shareholders receive proportional value in separate listed entities.

In simple terms, while the headline price looks significantly lower, the overall investm...