Market Summary

A roundup of major market developments of the week gone by

Nestlé India stock split

One share equals 10 shares now.

Polycab's plunge

Polycab shares fell 21 per cent after IT raids over alleged hidden cash sales.

Bajaj Auto buyback

Bajaj's Rs 4,000 crore buyback at Rs 10,000/share.

NHPC stake sale

Government to sell 3.5 per cent stake in NHPC for Rs 2,300 crore.

Tata's food foray

Tata Consumer Products acquires Capital Foods and Organic India for Rs 5,100 crore and Rs 1,900 crore, respectively.

Maruti's big move

Maruti Suzuki India plans a Rs 35,000 crore investment to double its output to four million units by FY31.

Adani's ambition

Adani plans Rs 2 lakh crore investment for an integrated renewable energy system in Gujarat.

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