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Nestle India Ltd in demand

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Capital Market
Last Updated : Dec 20 2019 | 1:31 PM IST

Nestle India Ltd is quoting at Rs 14453.1, up 1.17% on the day as on 12:49 IST on the NSE. The stock is up 31.27% in last one year as compared to a 14.19% gain in NIFTY and a 0.7% gain in the Nifty FMCG index.

Nestle India Ltd rose for a third straight session today. The stock is quoting at Rs 14453.1, up 1.17% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.17% on the day, quoting at 12280.15. The Sensex is at 41734.8, up 0.15%. Nestle India Ltd has added around 1.93% in last one month.

Meanwhile, Nifty FMCG index of which Nestle India Ltd is a constituent, has added around 1.56% in last one month and is currently quoting at 30386.1, up 0.08% on the day. The volume in the stock stood at 36587 shares today, compared to the daily average of 75574 shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 14447.3, up 0.97% on the day. Nestle India Ltd is up 31.27% in last one year as compared to a 14.19% gain in NIFTY and a 0.7% gain in the Nifty FMCG index.

The PE of the stock is 74.91 based on TTM earnings ending September 19.

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First Published: Dec 20 2019 | 1:05 PM IST

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