Nestle India gains on launching own Direct-to-Consumer platform
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Nestle India is currently trading at Rs. 19968.40, up by 213.75 points or 1.08% from its previous closing of Rs. 19754.65 on the BSE.
The scrip opened at Rs. 19779.60 and has touched a high and low of Rs. 20130.00 and Rs. 19669.20 respectively. So far 3726 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 20200.00 on 20-Oct-2021 and a 52 week low of Rs. 16000.00 on 19-May-2022.
Last one week high and low of the scrip stood at Rs. 20130.00 and Rs. 18796.35 respectively. The current market cap of the company is Rs. 192657.88 crore.
The promoters holding in the company stood at 62.76%, while Institutions and Non-Institutions held 20.79% and 16.45% respectively.
Nestle India has launched its own Direct-to-Consumer (D2C) platform, foraying into the fast-growing online channel. The company would launch its D2C platform MyNestle in Delhi-NCR and will expand to other parts of the country. MyNestle will delight the consumer in every way with curated product bundles, personalised gifting, subscriptions, discounts, and much more.
Nestle India is a subsidiary of Nestle S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.
