Vedanta shares face pressure following tragic boiler accident at Chhattisgarh plant that killed 10 workers and injured 24 others. The incident at the Unit-1 boiler of the Athena Power plant in Singhitarai has triggered immediate market concerns despite the company's strong financial performance. Vedanta reported a 61 percent year-on-year profit jump to Rs 5,710 crore in Q3, with EBITDA reaching a record Rs 15,171 crore and margins expanding to 41 percent. However, the workplace tragedy is likely to overshadow these positive earnings results. The company has initiated a detailed investigation and pledged full support to affected workers and their families. Chairman Anil Agarwal expressed deep sadness over the incident on social media, committing to follow all due processes.
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