India, April 28 -- India's FMCG sector thrives on everyday essentials like food, personal care, and household items, powering daily consumer needs. In Q1 FY26, it posted 13.9% value growth and 6% volume growth, fueled by rural demand and lower input costs. Q3 FY26 saw 9% revenue rise with EBITDA margins at 26.8%, signaling steady recovery amid premiumisation trends. High single-digit volume growth is eyed for the year.

With a market capitalisation of Rs 2,75,942 crore, the shares of Nestle India Ltd were trading at Rs 1,431 per share, increasing around 1.18 percent, as compared to the previous closing price of Rs 1,416.3 apiece.

Brokerage Recommendation Axis Direct has maintained a positive stance on the FMCG stock, issuing a 'Buy' rati...