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Nestlé India Shares Pop 0.36% After 1:1 Bonus Issue—Because Who Doesn’t Love Free Stuff?
Nestlé India Shares Pop 0.36% After 1:1 Bonus Issue—Because Who Doesn’t Love Free Stuff?
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Nestlé India just handed shareholders a sweetener—and the market bit.
The sugar rush: Shares climbed 0.36% after the FMCG giant completed its 1:1 bonus issue. Because nothing says 'confidence' like doubling the float while institutional investors pretend it’s not just financial confetti.
The mechanics: Every existing share now has a twin—technically diluting value, but hey, retail traders love bigger numbers. Even if it’s the corporate equivalent of slicing a pizza into more pieces.
Cynic’s corner: Sure, bonuses signal strength. Or they’re a distraction from margin pressures. Either way, the stock’s uptick proves markets still cheer freebies—until the hangover hits.
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