Nestle India Ltd gains for third straight session

Nestle India Ltd is quoting at Rs 17662.95, up 1.15% on the day as on 12:54 IST on the NSE. The stock is up 7.34% in last one year as compared to a 14.88% jump in NIFTY and a 8.43% jump in the Nifty FMCG index.

Nestle India Ltd is up for a third straight session today. The stock is quoting at Rs 17662.95, up 1.15% on the day as on 12:54 IST on the NSE. The benchmark NIFTY is up around 1.49% on the day, quoting at 16912.1. The Sensex is at 56605.23, up 1.49%. Nestle India Ltd has slipped around 2.55% in last one month.

 

Meanwhile, Nifty FMCG index of which Nestle India Ltd is a constituent, has slipped around 1.58% in last one month and is currently quoting at 35649.95, up 0.96% on the day. The volume in the stock stood at 19337 shares today, compared to the daily average of 77880 shares in last one month.

The benchmark March futures contract for the stock is quoting at Rs 17722.1, up 1.16% on the day. Nestle India Ltd is up 7.34% in last one year as compared to a 14.88% jump in NIFTY and a 8.43% jump in the Nifty FMCG index.

The PE of the stock is 88.29 based on TTM earnings ending December 21.

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