Nestle India Ltd. News, Corporate filings and Earnings/Conference Calls

Name: Latest research reports of Nestle India Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Nestle India Ltd.
Rating: 3
Author: ICICI Securities Limited

Keep track of all breaking news and updates on Nestle India Ltd. from all sources in a single place.

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Nestle India Ltd.

27 Oct 2024

2362.00

-0.91%

FSSAI is now more pro-active, industry-centred with fast responses: Nestle

Business Line

In April, FSSAI had collected pan-India samples of Nestle's Cerelac baby cereals amid a global report, claiming the company was adding higher sugar content to the product.

Nestle India Ltd.'s price crossed above 200Day SMA today

Fssai now more proactive, industry-centred with faster responses: Nestle

Business Standard | 27 Oct 2024

Nestle India Ltd.

22 Oct 2024

2362.00

-0.91%

Urban demand in mega cities under stress, food inflation a cause of concern: Nestle India CMD

Business Line

For us, tier-1 and below towns seem to be reasonably stable. Rural has also been reasonably stable.The pressure points are coming from mega cities and metros, says Suresh Narayanan CMD Nestle India

Nestle India Ltd.'s price crossed above 200Day SMA today

Nestl India launches sugar-free variants as CERELAC marks 50 years, shares trade lower

Business Line | 22 Oct 2024

Nestle India Ltd.

22 Oct 2024

2362.00

-0.91%

Company Update

NESTLE INDIA LTD. - 500790 - Announcement under Regulation 30 (LODR)-Press Release / Media Release

BSE India

Press Release

pdf

Nestle India Ltd.

18 Oct 2024

2362.00

-0.91%

Nestle India shares fall 2% as Q2 net profit falls marginally YoY. Should you invest?

Economic Times

Nestle India's shares fell 2.2% after reporting a Q2 net profit of Rs 899 crore, slightly down year-on-year. Brokerages gave mixed reviews, with target prices ranging from Rs 2,350 to Rs 2,870.

Nestle India Ltd. is trading above all available SMAs

Nestle India needs to up its game to justify premium valuations

Economic Times | 18 Oct 2024

Nestle India Ltd.

18 Oct 2024

2362.00

-0.91%

Underwhelming. Reiterate neutral stance.

Hold: Nestle India Ltd.

Target

ICICI Securities Limited

Nestle’s Q2FY25 revenue growth was disappointing; it further de-accelerated to 1% YoY (vs 4% in Q1FY25) due to subdued consumer demand.

Nestle India Ltd.'s price crossed above 200Day SMA today

Nestle India Ltd.

18 Oct 2024

2362.00

-0.91%

Result Update:Nestle India

Buy: Nestle India Ltd.

Target

Axis Direct

We remain optimistic about the company's long-term prospects. With an 11% upside potential from the CMP, we maintain our BUY rating on the stock.

Nestle India Ltd. has an average target of 2512.90 from 10 brokers.

Nestle India Ltd.

18 Oct 2024

2362.00

-0.91%

Weak performance amid commodity challenges and low demand

Accumulate: Nestle India Ltd.

Target

KRChoksey

Nestlé's Q2FY25 performance fell below our expectations, primarily due to low consumer demand, the impact of a high base from H1FY24, and commodity headwinds.
Increased competition has led to higher advertising and promotion (A&P) expenses, which in turn compressed EBITDA margins.

Number of FII/FPI investors increased from 878 to 902 in Mar 2025 qtr.

Nestle India Ltd.

17 Oct 2024

2362.00

-0.91%

Nestle to launch of 'no refined sugar' variants of infant food Cerelac

Business Standard

FMCG major Nestle India on Thursday said it will soon launch variants "with no refined sugar" of its infant food Cerelac. The announcement is important as Nestle India, part of Swiss multinational Nestle SA, recently faced criticism for having added sugar in Cerelac. In the company's earnings statement CMD Suresh Narayanan said: "We have achieved our ambition of introducing Celerac variants with no refined sugar." This was initiated three years ago and culminated this year with the introduction of new Cerelac variants with no refined sugar, he added. "The expanded Cerelac range in India will now consist of 21 variants, of which 14 variants will have no refined sugar," he said. Of these 14 variants, 7 will be available by end of November 2024 and the rest will be introduced in the coming weeks, he added. In April this year, Public Eye, a Swiss investigative organisation, and the International Baby Food Action Network (IBFAN), alleged that Nestle added sugar to its Cerelac products