Nestle India reported a consolidated net profit of Rs 899.49 crore for the September quarter, compared to Rs 908.08 crore a year ago
Among the sectors, analysts expect banking, fast moving consumer goods (FMCG), consumer durables, and auto companies to be the major beneficiaries.
Thus far in the month of April, Hindustan Unilever, Britannia Industries, Nestle India and Jubilant FoodWorks have outperformed the market by gaining in the range of 8% to 9% on the BSE.