Nestle India Ltd.

NSE: NESTLEIND | BSE: 500790 | ISIN: INE239A01024 | Industry: Packaged Foods
| Expensive Performer
2431.4000 16.10 (0.67%)
NSE Jun 10, 2025 15:31 PM
Volume: 675.8K
 

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Nestle India Ltd.
27 Jul 2023
2431.40
0.67%
ICICI Securities Limited
Nestle’s revenue growth of 15% YoY in Q2CY23 was largely in line with our estimates. Double-digit growth across segments for fifth consecutive quarter was driven by (1) deeper distribution expansion in lower-tier towns and villages (see our report), (2) strong performance in mega and metro cities, and (3) a portfolio which is better insulated to overall market slowdown.
Nestle India Ltd. has an average target of 2511.09 from 11 brokers.
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