nestle india stock

Nestle India shares drop 2% after Q4 results. Buy, sell or hold?

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Nestle India shares drop 2% after Q4 results. Buy, sell or hold?

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

nestle india share price: Nestle India shares drop over 5% to record worst day in 3 years. Here’s why

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nestle india share price: Nestle India shares drop over 5% to record worst day in 3 years. Here’s why

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