Neutral Nestle India Ltd For Target Rs.17,500
Sustained share of new products, increasing rural focus
Nestlé (NEST) held an analyst call to provide an updat..
Margin miss to limit upsides
* Q4CY20 earnings missed expectations by ~15% on account of lower margins from higher employee and marketing costs. Domestic sales growth ..
British consumer goods group Reckitt Benckiser expects to maintain strong sales this year, it said on Wednesday as it posted record pandemic-driven sales in 202..
Decent quarter; Outlook optimistic
Nestle India Ltd., a subsidiary of Nestle S.A., is a food processing company, primarily into manufacturing of milk products and othe..
Nestle India is currently trading at Rs. 16345.85, down by 28.30 points or 0.17% from its previous closing of Rs. 16374.15 on the BSE.
The scrip opened at Rs. 16395.00..
Add Nestle India Ltd For Target Rs.18,232
Muted quarter impacted by sharp rise in employee costs; suggest buying into any result‐ driven weakness; reitera..
Nestle India on Tuesday reported a 2.25 per cent increase in its net profit for the quarter ended December, on a year-on-year (YoY) basis, at Rs 483.31 crore.
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Quote on Market Performance 05 March 2021 by Mr. Deepak Jasani, HDFC Securities
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