Vedanta share price falls over 2% on weak Q1FY24 numbers; here's what brokerages say
Vedanta's share price fell over 2% as Q1FY24 results disappointed investors. Net profit declined 40% YoY and sales decreased by 13% compared to the same period last year. Brokerages have downgraded the stock and reduced their target prices due to weaker commodity prices and mounting debt.
DNA News Desk
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Vedanta's share price fell over 2% as Q1FY24 results disappointed investors. Net profit declined 40% YoY and sales decreased by 13% compared to the same period last year. Brokerages have downgraded the stock and reduced their target prices due to weaker commodity prices and mounting debt.
