Nestle India Ltd.

NSE: NESTLEIND | BSE: 500790 | ISIN: INE239A01024 | Industry: Packaged Foods
| Expensive Performer
1194.5000 -14.60 (-1.21%)
NSE Sep 19, 2025 15:31 PM
Volume: 2.4M
 

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Nestle India Ltd.
16 Feb 2017
1194.50
-1.21%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research Nestl India (NIL) reported a healthy set of numbers. Revenue, operating profit were marginally better-than-estimates amid a difficult demand environment due to demonetisation. Revenue grew 16.2% YoY to | 2261.3 crore (I-direct estimate: | 2208.7 crore) on a low base (lower contribution from Maggi post its re-launch). However, it was down 3.6% sequentially. NIL successfully gained market share in the quarter for the Maggi portfolio reaching 60% vs. 57% in Q3CY16...
Nestle India Ltd. has an average target of 1340.00 from 11 brokers.
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