Nestle India is currently trading at Rs. 6785.95, up by 14.05 points or 0.21% from its previous closing of Rs. 6771.90 on the BSE.
The scrip opened at Rs. 6785.00 and has touched a high and low of Rs. 6806.05 and Rs. 6780.00 respectively.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7390.00 on 29-Jul-2016 and a 52 week low of Rs. 4990.00 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 6958.40 and Rs. 6725.00 respectively. The current market cap of the company is Rs. 65,427.00 crore.
The promoters holding in the company stood at 62.76%, while Institutions and Non-Institutions held 20.27% and 16.96% respectively.
Nestle India has forayed into the ready-to-cook children’s breakfast cereal category with launch of Ceregrow. The company’s move to enter the breakfast cereal market is being seen as an effort to reduce dependency on Maggi.
The maker of Maggi noodles and Nescafe coffee, recovering from its biggest setback in the country after its mainstay Maggi noodles was banned last year, is now betting on back-to-back launches to push growth in niche categories.
Nestle India is a subsidiary of Nestle S.A. of Switzerland. With eight factories and a large number of co-packers, Nestle India is a vibrant company that provides consumers in India with products of global standards and is committed to long-term sustainable growth.
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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