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Nestle India declines as Delhi government summoned officials of Nestle India

03 Jun 2015 Evaluate

Nestle India is currently trading at Rs 6167.35, down by 640.10 points or 9.40% from its previous closing of Rs. 6807.45 on the BSE.

The scrip opened at Rs. 6533.00 and has touched a high and low of Rs. 6533.00 and Rs. 6000.00 respectively. So far 65739 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7499.95 on 10-Mar-2015 and a 52 week low of Rs. 4755.00 on 05-Jun-2014.

Last one week high and low of the scrip stood at Rs. 7200.00 and Rs. 6000.00 respectively. The current market cap of the company is Rs. 59584.91 crore.

The promoters holding in the company stood at 62.76% while Institutions and Non-Institutions held 16.99% and 20.24% respectively.

Shares of Nestle have declined after the Delhi government summoned officials of Nestle India claiming that the samples of Maggi noodles fail to meet food safety norms and are unsafe. The samples of Maggi noodles tested in Delhi were found dangerous for consumption carrying lead more than the permissible limit. The Delhi government is likely to impose a heavy fine against Nestle for selling unsafe products.

Nestle Share Price

1285.65 27.10 (2.15%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Varun Beverages 474.05
Nestle 1285.65
Britannia Inds 5733.75
LT Foods 422.10
Hatsun Agro Product 979.20
View more..

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