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HomeNewsOpinionChart of the Day | Should investors worry due to a fall in ROCE and RONW in FY23?

Chart of the Day | Should investors worry due to a fall in ROCE and RONW in FY23?

The two main capital efficiency ratios in FY23 have declined, with the manufacturing sector faring worse than the services sector

In FY23 India Inc’s ROCE declined to 12.7 percent from 13.3 percent in the previous year and its RONW declined to 12 percent from 12.8 percent in the previous year.

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