Page 8 - Nestle India

Stocks to watch: Nestle India, NTPC, HAL, Bharat Dynamics, MTNL, BEL

Stocks to watch today: Nestle India, and Schaeffler India will report the October-December quarter (Q3FY23) results on Thursday, February 16.

Nestle's Q4 revenues may rise up to 17% YoY, agri-inflation to dent margins

Nestle India Q4 preview: In the October-December quarter, shares of Nestle rose 2.4 per cent, while peers like Hindustan Unilever dropped 5 per cent, and Britannia gained 12 per cent

Nestle has bigger appetite for India; increasing presence in rurban markets

The Swiss processed foods maker has significantly upped investments in its Indian subsidiary to expand its penetration in 'rurban' markets

Indian subsidiaries of FMCG giants outperforming their parent cos: Report

Covid-19 might have set the growth back by a few quarters but the FMCG sector has bounced back

Nestle India could sustain sales growth outperformance in coming quarters

Near-term margins, however, may remain under pressure

Nestle India gains 2%, nears 52-week high on strong Q3 revenue growth

The stock of packaged foods company quoted higher for the seventh straight trading day and has rallied 9 per cent during the period.

Nestle India profit up 8.3% in Sept qtr, net sales growth at five-year high

Strong growth in e-commerce channels driven by emerging formats such as 'quick commerce' and 'click & mortar'; E-commerce contribution to sales at 7.2% in the quarter

FMCG major Nestle enters into D2C space, launches online platform

FMCG major Nestle India on Wednesday launched its own Direct-to-Consumer (D2C) platform, foraying into the fast-growing online channel. The company would launch its D2C platform MyNestl in Delhi-NCR and will expand to other parts of the country, said Nestl India Chairman and Managing Director Suresh Narayanan in the earnings statement of the company. This has been "created specifically keeping the consumer needs in mind, I am confident that MyNestl will delight the consumer in every way with curated product bundles, personalised gifting, subscriptions, discounts, and much more," he said. Moreover, consumers can also try gourmet recipes on the site and get free nutrition counselling, Narayanan added. During the July-September quarter, the e-commerce channel contributed 7.2 per cent of Nestle India's sales. It was largely fuelled by new, emerging formats such as 'quick commerce' and 'click & mortar'. Recently, several FMCG companies either have acquired, invested or built their D2C

Nestle India's profit rises 8.3% to Rs 668 cr in Q2, tops estimates

The Maggi noodles maker's profit rose 8.3% to Rs 668 crore ($81.1 million) in the quarter ended Sept. 30

Nestle to invest $1 billion towards sustainable coffee farming plan

The new plan builds on a previous coffee-sustainability effort that started 12 years ago involving around 100,000 farmers; the goal is to double that in the coming years

Nestle to invest Rs 5K crore in India by 2025: CEO Mark Schneider

The firm currently operates nine plants in India and is eyeing new locations to set up manufacturing capacity

Nestle plans to invest Rs 5,000 crore in India by 2025: CEO Mark Schneider

Global food & beverage conglomerate Nestle SA plans to invest Rs 5,000 crore in India in the next three-and-a-half years by 2025, its CEO Mark Schneider said on Friday. The move will help the company to accelerate its core business in the country and leverage new opportunities for growth. The investment would be on capex (capital expenditure), setting up new plants, acquisitions and expansion of the product portfolio of the company. Nestle, which currently operates 9 plants across India is also looking at new locations to set up manufacturing capacity. The investment, which would be subject to clearances and approvals, will also help in creating more job opportunities in the domestic market. Sharing the investment plans of the Indian market, which is among Nestle's top ten markets, Schneider in a media round table said the Swiss food & beverage company has an investment plan of Rs 5,000 crore through 2025. "When you look into the investment in this country and the investment ..

Deflating commodity costs to aid FMCG firms in H2FY23: Analysts

With commodity prices deflating from their March peak levels, analysts expect the margin profile across consumer goods companies to improve going ahead.

Zomato, Nykaa, Nestle, Dabur: Jefferies bets big on Gen Z boom in India

Jefferies expects Gen Z's income to increase 5x as they enter the workplace and are set to surpass Millennials by the end of the decade

'You have increased prices immensely': Six-year-old girl writes to PM Modi

In the letter that has gone viral on social media, Kirti Dubey wrote that she had gone to a shop to buy Maggi but was sent back by the shopkeeper

Stocks to watch: HDFC, Sun Pharma, Dr Reddy's, STFC, TVS Motor, SpiceJet

Stocks to watch today: HDFC, Sun Pharma, and Cipla will report their June quarter results on Friday, July 29; Dr Reddy's saw 108 per cent YoY rise in consolidated net profit to Rs 1,187.6 crore in Q1.

Nestle India net profit declines 4.3% to Rs 515.3 cr in April-June qtr

Nestle India, which makes Maggi noodles, KitKat chocolate, sees 'early signs of softening' in sale of some commodities

Nestle India to acquire pet foods business of Purina Petcare for Rs 124 cr

FMCG major Nestle on Thursday said it will acquire the pet foods business of Purina Petcare India for Rs 123.5 crore, providing Nestle an access to the fast-growing business in the country

Nestle India Q2 net profit falls 4.3% to Rs 515.34 cr, net sales up 15.7%

FMCG major Nestle India Ltd on Thursday reported a decline of 4.31 per cent in its net profit at Rs 515.34 crore for the second quarter ended June 30, 2022

Stocks to watch: Dr Reddy's, Tata Motors, HAL, Bajaj Finance, Nestle India

Stocks to watch today: Dr Reddy's, Bajaj Finserv, Nestle India will report their June quarter results on Thursday, July 28; HAL signed $100 million contract with Honeywell for HTT-40 engines.