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Nestle India Ltd rises 0.91%

Nestle India Ltd is quoting at Rs 16990.85, up 0.91% on the day as on 12:44 IST on the NSE. The stock is up 20.63% in last one year as compared to a 7.99% jump in NIFTY and a 0.3% jump in the Nifty FMCG.

Nestle India Ltd gained for a fifth straight session today. The stock is quoting at Rs 16990.85, up 0.91% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.42% on the day, quoting at 12834.55. The Sensex is at 43878.14, up 0.55%. Nestle India Ltd has gained around 5.58% in last one month.

Meanwhile, Nifty FMCG index of which Nestle India Ltd is a constituent, has gained around 3.96% in last one month and is currently quoting at 31336.1, down 0.24% on the day. The volume in the stock stood at 63948 shares today, compared to the daily average of 1.66 lakh shares in last one month.

The benchmark November futures contract for the stock is quoting at Rs 17013.55, up 0.89% on the day. Nestle India Ltd is up 20.63% in last one year as compared to a 7.99% jump in NIFTY and a 0.3% jump in the Nifty FMCG index.

The PE of the stock is 78.38 based on TTM earnings ending September 20.

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