Bengaluru, June 15 -- specialised in the food and beverage industry that manufactures, markets, and sells a wide range of products, is in focus in the day's trade as they respond to the Viral MAGGI Complaint.

With a market capitalisation of Rs. 2,66,897.99 crores in the day's trade, the shares of Nestle India Ltd rose by 2.3 percent, reaching a high of Rs. 1,408.65 per share compared to its previous closing price of Rs. 1,375.85 per share.

What Happened

Nestle India issued a formal clarification to the NSE and BSE after a Moneycontrol media report alleged that FSSAI had raised concerns about a possible insect infestation in MAGGI noodles. The company categorically rejected these allegations, stating that they were based on an unverifie...