Nestle India Ltd.

NSE: NESTLEIND | BSE: 500790 | ISIN: INE239A01024 | Industry: Packaged Foods
| Expensive Performer
2388.2000 0.70 (0.03%)
NSE Apr 30, 2025 15:31 PM
Volume: 1.0M
 

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Nestle India Ltd.
25 Apr 2025
2388.20
0.03%
Emkay
We retain REDUCE on Nestlé India and Mar-26E TP of Rs2,300, on 60x P/E. We see demand stress persisting in a major part of the portfolio, with demand for milk products continuing to see impact of healthy price hikes (amid inflation) and competitive pressure in prepared dishes.
Nestle India Ltd. has an average target of 2512.90 from 10 brokers.
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