Benchmark indices ended higher on Wednesday, with the Nifty hitting its fresh record closing level amid a largely positive trend in global equities. In today’s trade, shares of L&T Finance, Arvind, Nestle India, Sobha, Whirlpool India among others will be in focus due to various news developments. L&T Finance Bain Capital is likely to sell … Read more
Nestle India’s share price fell on Friday to the day’s low of Rs 2,511.60, dropping 2% after the company declared its Q4 results on Thursday. The standalone net profit rose 27% year-on-year (YoY) to Rs 934 crore for the March quarter as compared to Rs 737 crore a year ago. Revenue rose 9% to Rs … Read more
Shares of Nestle India on Thursday fell up to 5.4% to the day’s low at Rs 2,409.55 on BSE after the multinational FMCG major was found adding sugar to baby food products sold in India but not in Europe and UK. Following the revelation, the health ministry was also said to be concerned about the … Read more
