Auto Sector

Nestle has increased its rural reach, in terms of total villages covered from 68,578 in CY20 to 191,395 in H1CY23.

Subsidy per kg of nitrogen, phosphate, potash and sulphur has been cut by 38%, 49%, 84% and 33%, respectively for this Rabi season.

Firm GRMs could dilute marketing income sequentially.

Weak FDI but strong ECB flows and FII outflow after six consecutive months of the net inflow.

Proposals for these appointments must be submitted to the regulator within four months.

Spot gold had increased 0.3% to $1,985.89 per ounce. At $1,996.30, U.S. gold futures saw a 0.1% increase.

The IPO comprised a fresh issue of 1.08 crore shares, aiming to raise Rs 545.4 crore.

The company's board of directors has authorised an interim dividend of Rs 12 per equity share, with November 2 set as the record date.

All segments set to do well in the quarter.

U.S. West Texas Intermediate crude prices fell 3 cents to $85.36 a barrel, while Brent crude futures down 3 cents to $90.10 a barrel.