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Nestle India Ltd eases for fifth straight session

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Capital Market
Last Updated : Dec 09 2019 | 1:50 PM IST

Nestle India Ltd is quoting at Rs 14035, down 0.93% on the day as on 13:19 IST on the NSE. The stock jumped 34.97% in last one year as compared to a 14.17% rally in NIFTY and a 4.01% spurt in the Nifty FMCG index.

Nestle India Ltd dropped for a fifth straight session today. The stock is quoting at Rs 14035, down 0.93% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.45% on the day, quoting at 11975.15. The Sensex is at 40637.08, up 0.47%.Nestle India Ltd has eased around 0.52% in last one month.Meanwhile, Nifty FMCG index of which Nestle India Ltd is a constituent, has eased around 4.47% in last one month and is currently quoting at 30536.45, down 0.5% on the day. The volume in the stock stood at 38259 shares today, compared to the daily average of 72786 shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 14073.35, down 0.72% on the day. Nestle India Ltd jumped 34.97% in last one year as compared to a 14.17% rally in NIFTY and a 4.01% spurt in the Nifty FMCG index.

The PE of the stock is 74.27 based on TTM earnings ending September 19.

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First Published: Dec 09 2019 | 1:35 PM IST

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