The decision follows Nestle India board's proposal for a gradual increase to 5.25% of net sales.
Oil & gas and autos were the stars of the week, even as banks mirrored the Nifty and Sensex gains
BEML's EBITDA margin expanded to 24.5% from 20.7% last year, representing a nearly 400 basis points increase.
FPIs were net sellers of $1,336 Million in equities in the week to May 17, 2024; although markets rallied
Sanatan Multi Skill Development and Education Private, the buyer, has no affiliation with the promoters, promoter group, or group companies of Patanjali Foods.
The decision follows finalization of plans to raise $450 million via dollar bond issuance.
NHPC declared a final dividend recommendation of ₹0.50 per share (subject to approval).
Sector-wise, Consumer Durables, Auto, Metal, Realty, and Oil & Gas were the day's biggest gainers, while IT, Pharma, and Healthcare sectors were the most significant laggards.
Revenue from operations remained flat at ₹46,269 crore.
The 30-share BSE Sensex closed at 73,959.63, up 42.60 points, or 0.06%. The NSE Nifty 50 increased to 22,481.90, gaining 15.80 points, or 0.07%.

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