The Vedanta Group arm’s bottom line was dented as expenses more than doubled in the said period.However, it clocked a 150 per cent rise in the revenue from operations to Rs 5,197.48 crore in FY22 from Rs 2,092.39 crore in the previous fiscal year.
Largecaps showing no fundamental change despite market bounce: Nischal Maheshwari
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and