Nestle India is currently trading at Rs. 6178.00, up by 78.70 points or 1.29% from its previous closing of Rs. 6099.30 on the BSE.
The scrip opened at Rs. 6100.00 and has touched a high and low of Rs. 6206.70 and Rs. 6000.05 respectively. So far 1538 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7499.95 on 10-Mar-2015 and a 52 week low of Rs. 5469.00 on 25-Aug-2014.
Last one week high and low of the scrip stood at Rs. 6280.70 and Rs. 6000.05 respectively. The current market cap of the company is Rs. 58579.30 crore.
The promoters holding in the company stood at 62.76% while Institutions and Non-Institutions held 17.07% and 20.16% respectively.
Nestle India is planning to bring back the popular instant Maggi noodles back in the market by the end of this year subject to certain clearances. The company will continue with the existing formula of the product and not change the ingredients.
The company was taken a hit of Rs 450 crore, including destroying over 30,000 tonnes of the instant noodles since June when it was banned because of alleged excessive lead content.
Nestle India has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe and many more.
Company Name | CMP |
---|---|
Nestle | 2151.85 |
Britannia Inds | 4705.10 |
Varun Beverages | 626.20 |
Marico | 636.45 |
Hatsun Agro Product | 1036.30 |
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