May 23, 2018 / 4:24 AM / a month ago

BUZZ-India's Vedanta falls; protests against copper smelter plant turn violent

** Shares of Vedanta Ltd fall as much as 5.5 pct to 255.1 rupees, their lowest since July 5, 2017

** At least nine people were killed in southern state of Tamil Nadu on Tuesday when police fired at violent protesters calling for closure of a copper smelter run by Vedanta Resources , authorities said

** Demonstrations against the copper plant, one of India’s biggest, has been going on for more than three months, with protesters alleging that it is a major source of pollution and risk to fisheries

** Stock top pct loser on the NSE index

** Stock had fallen 18.2 pct this year as of Tuesday’s close, compared with the index’s 0.06 pct gain

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