Shares of Nestlé India surged 5% to Rs 1,281 on the NSE on October 16 after the company reported its Q2 FY26 results. Standalone profit after tax (PAT) fell 23.6% YoY to Rs 753.2 crore, while revenue rose 10.6% to Rs 5,643.61 crore. On a consolidated basis, PAT declined 17.4% to Rs 743.17 crore.
US Stock Market: Meta raises $25 billion via bond sale to fund AI expansion
Meta Platforms has secured $25 billion in investment-grade bonds to fuel its aggressive expansion in artificial intelligence infrastructure. This significant debt issuance follows a substantial