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The Economic Times
The Economic Times
Veer Sharma

Vedanta Power shares fall 3% despite 38% jump in Q1 sales. Should you buy, sell or hold?

Shares of Vedanta Power declined 2.8% to Rs 44.45 on the BSE on Monday even as the company reported a strong rise in power sales for the June quarter, supported by higher generation from Meenakshi Energy and steady performance at the Talwandi Sabo Thermal Plant.

According to its production update filed with the exchanges, the company's total power sales increased 38% year-on-year to 5,225 million units in the first quarter of FY27 from 3,784 million units a year ago.

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