FMCG major Nestle India is pinning its growth ambitions on the rural and semi urban markets, where aspirations are rising and the next wave of long-term consumption is being shaped, said its Chairman & Managing Director Manish Tiwary. India remains a market of immense opportunity, where consumption growth will increasingly be driven by deeper household penetration, wider distribution and stronger engagement with consumers across geographies, said Tiwary while addressing shareholders at 67th annual general meeting (AGM) of Nestle India. However, he also emphasised on the importance of understanding India's diverse consumer landscape and said the company remains focused on customer-centricity and tailoring offerings to varied consumer needs. "India is not one market and it is certainly not one consumer. It is dozens of markets layered on top of each other by income, geography, language, aspirations, habit and taste. The opportunity ahead of us is not just to serve the India that ...
Kunal Kamble, technical research analyst at Bonanza flags a decisive breakout on Marico, Eternal and Nestle India stock charts, suggesting a likely positive trend in the near-term.
FMCG major has rejected allegations circulating on social media regarding the alleged presence of infestation in Maggi noodles, asserting that laboratory tests on a batch and market samples confirmed that products met all quality and food safety standards. In a clarification submitted to stock exchanges, the company said it was made aware of the complaint through the Food Safety and Standards Authority of India (FSSAI) following concerns raised by an unverified account on social media platform X. "We categorically reject allegations circulating on media basis an unverified account regarding the presence of infestation, allegedly on MAGGI noodles," said Nestle India in response to a query from the NSE and the BSE on a media report published on June 12. The company said it is "yet to receive" any sample from the complainant for assessment, and did not receive any response from them while the social media account remained unreachable. "As part of standard procedure, the reference samp
Vijaya Diagnostic Centre was quoting higher for the eight straight trading day, soaring 25 per cent during the period.
At this point, two channels are growing faster for us: quick commerce and rural, says Manish Tiwary
Strong position in the domestic foods market, innovative product portfolio, focus on distribution expansion and improving out-of-home consumption will help Nestle achieve better growth, say analysts.
The company has recommended a final dividend payout of Rs 5 per equity share for the financial year 2025-26
Nestle India shares gained after the company reported a healthy set of results for the December quarter of FY26 (Q3FY26).
Analysts at Choice Equity Broking expect the stock to rally past ₹1,500-mark on the upside, indicating a potential upside of over 14 per cent from current levels.
At 12:12 PM, Nestle India share price was trading 3.23 per cent higher at ₹1,261 per share. By comparison, BSE Sensex was trading 0.53 per cent higher at 83,043.31 levels.
Heavy rains in Q2FY26 adversely affected seasonal categories such as carbonated drinks, ready-to-drink juices, beer, ice creams, and hair/skin summer care products.
Motilal Oswal continues to favour leading staples companies, including HUL, GCPL and Marico, as beneficiaries of renewed consumption momentum.
Nestle dismissed its CEO Laurent Freixe, with immediate effect after an internal investigation confirmed his romantic involvement with a direct subordinate
Startups and regional brands are not only good for providing variety to consumers but also give established players the push to improve their product offerings, Nestle India's outgoing Chairman & Managing Director Suresh Narayanan said. Stressing on the importance of startups and regional brands operating in small catchment areas, Narayanan said Nestle India is working with startups as part of its accelerator program, to identify their potential and see how to partner with them. "Startups and regional brands are good for the business. They do two things -one, they extend the variety for the consumer, and secondly, they give us additional inspiration for improving, making ourselves faster and smarter," Narayanan told PTI during an interview earlier this week. According to Narayanan, today every brand has to be relevant to Gen Z and Gen Alpha consumers, who do not give much importance to the historical relevance of brands. "It goes by what is in it for me, so Maggi noodles have to ..
Nestle India reports a 5.9% YoY revenue growth in Q1FY26, with a focus on recovery and margin expansion despite challenges from high commodity prices
While India has signed a trade agreement with the UK, D-Street's focus remains firmly on the prospective trade deal between New Delhi and Washington.
Sensex Today | Stock Market close highlights on Thursday, July 24, 2025: In the broader markets, the Nifty MidCap 100 index, and the Nifty SmallCap 100 index dropped 0.58 per cent and 1.09 per cent
Container Corporation, and Paras Defence will also remain in focus, as the former has announced bonus issue of equity shares for its shareholders, while the latter has announced stock-split
FMCG market stabilising now, Narayanan tells shareholders during company's AGM
ITC shares dropped 4.13 per cent to ₹413 (adjusted for dividend) in Wednesday's intraday trade on the NSE following a large block deal.