Nestle India Ltd.

NSE: NESTLEIND | BSE: 500790 | ISIN: INE239A01024 | Industry: Packaged Foods
| Expensive Performer
2385.6000 -33.60 (-1.39%)
NSE Jun 12, 2025 15:31 PM
Volume: 1.4M
 

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Nestle India Ltd.
27 Jul 2023
2385.60
-1.39%
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.
Number of FII/FPI investors increased from 878 to 902 in Mar 2025 qtr.
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