India, April 22 -- This Large-Cap FMCG Stock, engaged in manufacturing, marketing, and distribution of food and beverage products including dairy, beverages, nutrition, and confectionery across India, jumped 3.29 percent after the company reported March quarterly results and announced a dividend of Rs. 5 per share, while brokerages shared mixed views on its future outlook.

With a market capitalization of Rs. 2,73,618.16 crores, the share of Nestle India Limited has reached an intraday high of Rs. 1,424 per equity share, rising nearly 3.29 percent from its previous day's close price of Rs. 1,378.70. Since then, the stock has retreated and is currently trading at Rs. 1,418.95 per equity share.

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