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Nestle India's maiden 1:1 bonus share issue took effect Friday, doubling shareholder holdings without changing investment value. Buyers today won't qualify for the allotment. Retail sentiment stays neutral as shares fell 8% in a month. Q1 profit dropped 13.4% to ₹647 crore on higher costs, though revenue rose 6% to ₹5,096 crore.
short by / 02:45 pm on 08 Aug
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