Page 3 - Nestle India

Nestle stock attempts breakout above 200-DMA; is the consolidation over?

Apart from testing the 200-DMA, Nestle has also retraced 38.2% of the recent fall. Chart shows key hurdle for the stock at ₹ 2,400 levels; here are the other key levels to track.

Nestle India tumbles 4%, nears 52-wk low as BoFA downgrades to Underperform

The decline in Nestle's share price came after reports suggested that global brokerage firm BoFA Securities has downgraded the stock to 'Underperform' from 'Neutral.'

Nestle India gets ₹69 lakh tax penalty, says operations remain unaffected

Nestle India's appeal against the Deputy Commissioner of Customs' order was rejected, as the Appellate Authority upheld the decision, confirming a ₹69.45 lakh penalty

Sebi warns Nestle India over breach of insider trading regulations

The company, which makes Maggi instant noodles, said there was no material impact on its financials, operations or other activities because of the incident

Nestle shares rise 2% after reports suggests company is mulling price hikes

"Wherever (price increase) is absolutely essential, we will have to take some pricing action," Nestle India Managing Director Suresh Narayanan told Reuters

Stocks to watch, Feb 25: M&M, Ireda, Nestle India, Airtel, Biocon

Stocks to watch today: Mahindra and Mahindra has increased its market share to 43.8 pr cent in the domestic tractor market despite a challenging year

Nestle India considering price hikes to counter commodity inflation

Profits at Corporate India came under pressure in the October-December quarter due to the double whammy of consumers cutting back due to inflation in large cities and high prices of commodities

Defensives are back, says Nuvama; bets on Pidilite, HUL, United Breweries

Among the key themes identified in the report is the growing importance of rural markets. Nuvama expects companies with a stronger rural exposure to outpace urban-focused peers in the next 2 quarters

India presents Rs 7,500 cr premiumisation opportunity for Nestle: CMD

Hopes tax benefits in Budget 2025 will spur consumption, sales

Nestle plans to sell Starbucks ready-to-drink coffee in India retail market

Despite India being a predominantly tea-drinking nation, coffee consumption is rising, especially in urban areas

Brokerages mixed on Nestle India's Q3 performance; most cut EPS estimates

Most brokerages have cut earnings per share (EPS) estimates on Nestle India on the backdrop of moderation in growth momentum in the near term

Nestle India Q3FY25 results: Net profit rises 4.9% to Rs 688 crore

The company had reported a net profit of Rs 655.6 crore in the same period last year

Nestle India Q3 results: Profit rises over 6% to Rs 696 cr, revenue up 4%

For Nestle India, home to Nescafe instant coffee and KitKat chocolate brands, revenue increased nearly 4 per cent to Rs 4,780 crore

Q3 results, Jan 31: Pfizer, Sun Pharma, ONGC, Nestle to post earnings today

Q3 FY25 company results, January 31: Vedanta, Nuvama, Punjab National Bank, IndusInd Bank, and Bandhan Bank will be among 135 companies to release their reports for the Oct-Dec quarter

Markets Today: Economic Survey, US GDP; Nestle, ONGC, Q3; Dr. Agarwal's IPO

Back home, at 6:40 AM, GIFT Nifty futures indicated a strong start, up 71 points at 23,489

Nestle Q3 preview: Analysts expect profit to slip 5% YoY, margins contract

Analysts and investors will keep an eye out for management's guidance on demand and growth outlook

Buy or Sell? This MNC FMCG stock trades at 7-yr support; can fall up to 22%

Nestle India share price has tumbled nearly 23% in the last 4 months, and now trades 5% away from its key long-term support on the monthly chart; the stock has held since November 2017.

No impact of Swiss withdrawal of MFN status to country: Nestle India

FMCG major Nestle India on Thursday said the suspension of the MFN (most favoured nation) clause granted to India by Switzerland will have 'no impact' on the company. The suspension of MFN status under the Double Taxation Avoidance Agreement (DTAA) is a policy issue between the government of India and Switzerland and is not 'Nestle-specific', the FMCG firm said in a statement. Nestle India, which owns popular brands such as Maggi, Nescafe and KitKat, said the company was already "deducting 10 per cent withholding tax" on cross-country payments. Earlier on December 11, the Swiss government had announced the suspension of the MFN status granted to India following a ruling by the Supreme Court of India, which in a judgement last year had said MFN status under the DTAA cannot be enforced unless notified under Section 90 of the Income Tax Act. This judgement of the apex court had come in a case related to Nestle, where it overturned an earlier order passed by the Delhi High Court in 202

Nestle, IndusInd, Bandhan, Asian Paints from BSE 500 index hit 52-week lows

Sensex hit 79,020 in intra-day trade today, falling 3.79 per cent or 3,113.12 points in four trading days from the level of 82,133 touched on Friday, December 13

Nestle to cut costs by $2.8 bn, boost marketing under CEO Laurent Freixe

The repercussions continue to weigh on the Swiss company's revenue after shoppers switched to cheaper, better advertised or more innovative brands, eating into Nestle's market share