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Nestle India Ltd spurts 1.25%, gains for third straight session

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Capital Market

Nestle India Ltd is quoting at Rs 19984.95, up 1.25% on the day as on 12:49 IST on the NSE. The stock is up 3.91% in last one year as compared to a 3.66% slide in NIFTY and a 12.06% slide in the Nifty Financial Services index.

Nestle India Ltd is up for a third straight session today. The stock is quoting at Rs 19984.95, up 1.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.01% on the day, quoting at 17513.4. The Sensex is at 59106.09, down 0%. Nestle India Ltd has gained around 7.16% in last one month.

 

Meanwhile, Nifty Financial Services index of which Nestle India Ltd is a constituent, has gained around 0.9% in last one month and is currently quoting at 43890.55, up 0.48% on the day. The volume in the stock stood at 73670 shares today, compared to the daily average of 59710 shares in last one month.

The benchmark October futures contract for the stock is quoting at Rs 20004.2, up 1.23% on the day. Nestle India Ltd is up 3.91% in last one year as compared to a 3.66% slide in NIFTY and a 12.06% slide in the Nifty Financial Services index.

The PE of the stock is 81.21 based on TTM earnings ending September 22.

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First Published: Oct 20 2022 | 1:06 PM IST

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