Nestle India Ltd.

NSE: NESTLEIND | BSE: 500790 | ISIN: INE239A01024 | Industry: Packaged Foods
| Expensive Performer
1188.3000 -6.20 (-0.52%)
NSE Sep 22, 2025 15:31 PM
Volume: 1.1M
 

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Nestle India Ltd.
01 Nov 2016
1188.30
-0.52%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Net sales grew 35.1% YoY to | 2346.2 crore (I-direct estimate: | 2502.7 crore) on the back of a low base, impacted by the Maggi noodles issue in the corresponding quarter last year. Domestic sales increased 37.9% while exports increased 5.1%. The company has launched 25 new products in the last three months, which has also contributed to a recovery in sales post the Maggi noodles issue Operating margins improved 315 bps at 19.6% (I-direct estimate:...
Nestle India Ltd. has an average target of 1340.00 from 11 brokers.
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