Nestle India Ltd Share Price

Description

• Nestle India Ltd is in the FMCG sector is having Market Capitalization worth Rs. 182,332.30 crores, it is incorporated in the year 1959. It has reported consolidated sales of Rs. 3462.35 crores in June’2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 500790 and additionally listed in the National Stock Exchange (NSE) with the code NESTLEIND.

  Nestle India Ltd is an Indian subsidiary of a Swiss International company, Nestle. The headquarters of Nestle Indian Ltd is in Gurgaon. The company deals in products like food, beverages, chocolates, confectionery, etc. Currently, Nestle India has eight manufacturing units and four corporate branches spread across the nation. The company has introduced products to meet day to day needs of its customers as Nestle Milk, Nestle Slim Milk, Nestle Fresh & Natural Dahi, and Nestle Jeera Raita. Nestle India, through its corporate social responsibility initiatives, is working in collaboration with many NGOs to focus on areas like awareness regarding nutrition, working on new techniques to save water in farming, and working on rural development in the country. The promoters of the company own 62.76% of the stake in the company, Foreign Institutional Investors (FII) own 12.43%, Domestic Institutional Investors (DII) own 7.92% of the stake, and others (such as public & retail investors) hold the balance of 16.89%.

  In June 2021, quarterly net revenue was Rs. 3,476.7 crores, which has increased by approximately 13.97% from Rs. 3,050.48 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 538.58 crores, which has also increased by nearly 10.68% from a net profit of Rs. 486.60 crores in June 2020. In June 2021, the reported operating profit was at Rs. 2,736.45 crores, which is also increased by 9.55% as compared to an operating profit of Rs. 2,467.85 crores for the quarter ending in June 2020. From Rs. 50.47 in June 2020, the EPS of Nestle India Ltd has risen to Rs. 55.86 per share in June 2021. NESTLEIND’s stock closed at Rs. 18,911 on 18th August’2021 (NSE) and has returned 12.91% in the last six months and 15.15% in the previous year.

• Nestle India Ltd is in the FMCG sector is having Market Capitalization worth Rs. 182,332.30 crores, it is incorporated in the year 1959. It has reported consolidated sales of Rs. 3462.35 crores in June’2021. The company is listed in the Bombay Stock Exchange (BSE) with the code 500790 and additionally listed in the National Stock Exchange (NSE) with the code NESTLEIND.

  Nestle India Ltd is an Indian subsidiary of a Swiss International company, Nestle. The headquarters of Nestle Indian Ltd is in Gurgaon. The company deals in products like food, beverages, chocolates, confectionery, etc. Currently, Nestle India has eight manufacturing units and four corporate branches spread across the nation. The company has introduced products to meet day to day needs of its customers as Nestle Milk, Nestle Slim Milk, Nestle Fresh & Natural Dahi, and Nestle Jeera Raita. Nestle India, through its corporate social responsibility initiatives, is working in collaboration with many NGOs to focus on areas like awareness regarding nutrition, working on new techniques to save water in farming, and working on rural development in the country. The promoters of the company own 62.76% of the stake in the company, Foreign Institutional Investors (FII) own 12.43%, Domestic Institutional Investors (DII) own 7.92% of the stake, and others (such as public & retail investors) hold the balance of 16.89%.

  In June 2021, quarterly net revenue was Rs. 3,476.7 crores, which has increased by approximately 13.97% from Rs. 3,050.48 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 538.58 crores, which has also increased by nearly 10.68% from a net profit of Rs. 486.60 crores in June 2020. In June 2021, the reported operating profit was at Rs. 2,736.45 crores, which is also increased by 9.55% as compared to an operating profit of Rs. 2,467.85 crores for the quarter ending in June 2020. From Rs. 50.47 in June 2020, the EPS of Nestle India Ltd has risen to Rs. 55.86 per share in June 2021. NESTLEIND’s stock closed at Rs. 18,911 on 18th August’2021 (NSE) and has returned 12.91% in the last six months and 15.15% in the previous year.