Why is vedl down 20% today

Why is vedl down 20% today?

I read on moneycontrol forum there is some corporate governance issue regarding capital allocation.
Till the time not confirmed about it

Thanks.

It posted too much good results so that everyone thought to dump it.

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Anyone planning to go long on VEDL ?

Dont go long in VEDL. It may soon see 125 & then possibly 65 also.