News Overview

The board recommended a final dividend of ₹8.5 per share of ₹1 face value, according to the Indian division of the multinational food company Nestle.

Comparing the quarter's net profit to the same period last year, it increased by 300% to ₹945 Crore on a consolidated basis.

By the closing bell, the Sensex surged by 486.50 points, or 0.66%, to settle at 74,339.44.

The week, startups raised $260 Million led by GPS Renewables, Sharechat, Altum Credo, Ecozen, ProcMart, Ring, Uniqus

The asset allocation under the scheme takes place in Debt and Money Market Instruments including Government Securities.

Managing director & CEO Puneet Dalmia expressed confidence in demand growth, emphasizing the pivotal role of the cement sector in India's infrastructure development.

Q4 revenue grew by 2.3% YoY to ₹8,892.9 Crore, but sequentially declined by 1.4%.

The partnership between RITES and DVC aims to innovate infrastructure solutions for upgrading, renovating, and developing rail connectivity for power plants and their surrounding areas.

Market activity displayed 1,747 advancing shares, 1,400 declining shares, and 101 unchanged shares.

The board has also approved the re-appointment of Meena Ganesh and Gopalaraman Padmanabhan as Independent Directors for a second term of four years each.