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.
Housing sales in 50 cities dip 3% to 6.14 lakh units, up 16% in value to Rs 8.4 lakh crore: CREDAI
Indian housing sales saw a slight dip in units last year but a significant rise in value. Demand for homes above Rs 1 crore drove