Nestle India Ltd.

NSE: NESTLEIND | BSE: 500790 | ISIN: INE239A01024 | Industry: Packaged Foods
| Expensive Rocket
2388.4000 0.40 (0.02%)
NSE Jul 03, 2025 15:31 PM
Volume: 631.8K
 

2388.40
0.02%
Axis Direct
However, in light of emerging RM headwinds (packaging material and commodities like palm oil), we tweak our estimates a shade resulting in a downgrade to HOLD from BUY earlier. However, we maintain a TP of Rs 18,600 as we continue to value the stock at 60x its CY22E EPS.
Nestle India Ltd. has an average target of 2511.09 from 11 brokers.
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