Kunal Shah Senior Technical Analyst at Mirae Asset Sharekhan believes that Nestle India has given a decisive breakout on the weekly chart, and could potentially rally to ₹1,500-mark on the upside.
Nestle India reported strong Q4 growth, but rising raw material costs, sustained ad spends and high valuations may limit upside despite volume-led gains
Sensex Today | Stock Market Highlights, Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap indices ended 0.19 per cent and 1.13 per cent higher, respectively.
FMCG major reports robust fourth-quarter performance driven by strong volume growth, higher advertising spends, and broad-based gains across product categories
Q4FY26 company results: Firms including Persistent Systems, Tata Investment Corporation, Cyient DLM, and Sunteck Realty are also to release their January-March earnings today
Analysts at Axis Securities pin hopes on US tariff relief, revival in private capex, improving business confidence and rural recovery as potential positive triggers for the market recovery.
Nestle India will invest ₹225 crore to add a new Munch production line at its Sanand facility, boosting capacity to meet rising demand for confectionery products
ICICI Securities says Indian units of global firms like HUL and Nestle India command premium valuations, making domestic listings a value unlocking strategy
For Q4, the brokerage expects Marico to lead the HPC segment with around 20 per cent sales growth, followed by 9-10 per cent growth for Dabur India and Godrej Consumer Products
Domestic volumes surged and exports grew sharply in Q3FY26, aided by GST reforms, though higher raw material costs weighed on margins, with management prioritising growth over profitability
Q3FY26 company results: Firms including Power Grid Corporation of India, Bajaj Auto, Bank of Baroda, Procter & Gamble Hygiene and Health Care are also to release their October-December earnings today
Nestle Q3 results preview: Brokerages tracked by Business Standard estimate Nestle's net profit to average ₹745.25 crore, compared to ₹713.9 crore a year ago, up 4 per cent year-on-year (Y-o-Y)
