Nestle India Shares See Biggest Fall Since COVID: What Went Wrong?
India, Oct. 15 -- The share of the company, which is a leading food and beverage company known for brands such as Maggi, Nescafe, KitKat, and Milkmaid, came under pressure after posting Q2 numbers.
With a market capitalization of Rs 2,47,888 crore, Nestle India Ltd's share on Thursday made a day low of Rs 1,259.70 per share, down by 8.9 percent from its previous close of Rs 1,384.15 per share. The stock of the company gave a return of 5.2 percent over the last year.
Result Overview
QoQ Performance: Revenue increased to Rs 6,788.34 crore in Q2 FY27 from Rs 6,378.18 crore in Q1 FY27, registering a 6.43 percent growth QoQ. PBT rose to Rs 1,382.20 crore in Q2 FY27 from Rs 1,307.95 crore in Q1 FY27, up 5.68 percent QoQ, while PAT increased ...
Click here to read full article from source
इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.