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Nestle India Ltd stays in winning mode

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Capital Market
Last Updated : Dec 29 2021 | 1:31 PM IST

Nestle India Ltd is quoting at Rs 19375.05, up 0.1% on the day as on 12:49 IST on the NSE. The stock is up 5.42% in last one year as compared to a 23.16% gain in NIFTY and a 8.01% gain in the Nifty FMCG.

Nestle India Ltd rose for a fifth straight session today. The stock is quoting at Rs 19375.05, up 0.1% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.07% on the day, quoting at 17220.75. The Sensex is at 57893.39, down 0.01%. Nestle India Ltd has added around 1.16% in last one month.

Meanwhile, Nifty FMCG index of which Nestle India Ltd is a constituent, has added around 0.87% in last one month and is currently quoting at 37162.7, down 0.27% on the day. The volume in the stock stood at 11204 shares today, compared to the daily average of 53463 shares in last one month.

The benchmark December futures contract for the stock is quoting at Rs 19446, up 0.24% on the day. Nestle India Ltd is up 5.42% in last one year as compared to a 23.16% gain in NIFTY and a 8.01% gain in the Nifty FMCG index.

The PE of the stock is 83.25 based on TTM earnings ending September 21.

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First Published: Dec 29 2021 | 1:00 PM IST

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