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flag Nestle India's stock price fell 49.7% due to a bonus share issue, despite a 6% rise in revenue.

flag Nestle India's stock price dropped 49.7% on August 8 due to a 1:1 bonus share issue, doubling the number of shares and halving the price per share, with no change in overall value. flag The company reported a 13.4% drop in Q1 net profit due to high commodity prices, though revenue rose 6%. flag This move aims to improve stock liquidity and make shares more accessible to retail investors.

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