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Nestle India gains on inking pact with Magic Bus India Foundation

17 Dec 2014 Evaluate

Nestle India is currently trading at Rs. 6070.00, up by 34.95 points or 0.58% from its previous closing of Rs. 6035.05 on the BSE.

The scrip opened at Rs. 6035.50 and has touched a high and low of Rs. 6125.00 and Rs. 5987.05 respectively. So far 1021 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 6624.55 on 11-Sep-2014 and a 52 week low of Rs. 4536.00 on 20-May-2014.

Last one week high and low of the scrip stood at Rs. 6350.00 and Rs. 6005.00 respectively. The current market cap of the company is Rs. 58765.38 crore.

The promoters holding in the company stood at 62.76 % while Institutions and Non-Institutions held 19.14 % and 18.10 % respectively.

Nestle India has signed an agreement with Magic Bus India Foundation on December 17, 2014. This initiative is on the lines of the Nestle Healthy Kids Global Programme that focuses on providing nutrition and health awareness to adolescents.

The programme will reach out to 50,000 students aged between 10 - 17 years through government schools. The cities, where the programme will be running for a year, include Delhi, Mumbai, Chennai, Bangalore and Hyderabad. Magic Bus, which works on breaking the poverty cycle, one child at a time, will create a curriculum based on Sports for Development (S4D) approach, imparting knowledge about nutrition and a healthy, active lifestyle.

Nestle India has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe and many more.

Nestle Share Price

1285.65 27.10 (2.15%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
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