Nestle India Ltd gains for third consecutive session

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Nestle India Ltd is quoting at Rs 18628.4, up 1.44% on the day as on 12:49 IST on the NSE. The stock is up 5.52% in last one year as compared to a 0.29% jump in NIFTY and a 13.89% jump in the Nifty Financial Services index.
Nestle India Ltd rose for a third straight session today. The stock is quoting at Rs 18628.4, up 1.44% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.19% on the day, quoting at 15968.8. The Sensex is at 53504.88, up 0.17%. Nestle India Ltd has gained around 10.4% in last one month.
Meanwhile, Nifty Financial Services index of which Nestle India Ltd is a constituent, has gained around 12.75% in last one month and is currently quoting at 40897.3, up 0.96% on the day. The volume in the stock stood at 25800 shares today, compared to the daily average of 58078 shares in last one month.
The benchmark July futures contract for the stock is quoting at Rs 18638.85, up 1.49% on the day. Nestle India Ltd is up 5.52% in last one year as compared to a 0.29% jump in NIFTY and a 13.89% jump in the Nifty Financial Services index.
The PE of the stock is 76.42 based on TTM earnings ending March 22.
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First Published: Jul 15 2022 | 1:05 PM IST