Nestle India Ltd.

NSE: NESTLEIND | BSE: 500790 | ISIN: INE239A01024 | Industry: Packaged Foods
| Expensive Performer
2398.1000 27.70 (1.17%)
NSE May 15, 2025 15:31 PM
Volume: 964.1K
 

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Nestle India Ltd.
31 Oct 2021
2398.10
1.17%
Motilal Oswal
Volume growth trends for all three quarters reported this year were encouraging. NEST's volume and mix growth was 9.1%/13%/8.9% in 1Q/2Q/3Q CY21 (on 10.2%/13.7%/10.1% domestic sales growth). Volume growth was not disclosed as part of the company's quarterly results. With this, the trend of positive volume led-topline growth seen in recent years continued. Management commentary on volume-led double-digit sales growth has remained unchanged since Mr. Suresh Narayanan took over as CEO six years ago and was reiterated during the analyst meet. In view of the USD40-50b...
KRChoksey increased Accumulate price target of Nestle India Ltd. to 2565.0 on 29 Apr, 2025.
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