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Nestlé India Limited (NESTLEIND.NS)

NSE - NSE Real-time price. Currency in INR
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24,338.60+102.45 (+0.42%)
At close: 03:30PM IST
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Previous close24,236.15
Bid0.00 x 0
Ask0.00 x 0
Day's range24,156.40 - 24,365.00
52-week range17,880.00 - 24,745.00
Avg. volume69,975
Market cap2.347T
Beta (5Y monthly)0.02
PE ratio (TTM)78.74
EPS (TTM)309.10
Earnings date14 Feb 2024 - 19 Feb 2024
Forward dividend & yield560.00 (2.30%)
Ex-dividend date01 Nov 2023
1y target estN/A
  • Reuters

    Nestle's India unit reports profit jump on price hikes, urban demand

    CHENNAI (Reuters) -Nestle India reported a near 66% increase in quarterly profit on Thursday, benefiting from price increases and strong demand for its chocolates and packaged foods in urban areas. The Maggi noodles maker's profit rose to 6.28 billion rupees ($75.98 million) for the fourth quarter ended Dec. 31, from 3.79 billion rupees in the year-ago period. Sales of chocolates and biscuits in India have defied recent inflationary pressures, analysts have said, as Nestle's KitKat chocolates and rival Britannia Ltd's Little Hearts biscuits are seen as affordable treats.