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Nestle rises on re-launching Atta and Oats variants of Maggi Noodles

Nestle India Ltd. | Consumer Food | FMCG | BSE: 500790 | NSE: NESTLEIND

20 Apr 2016 Evaluate

Nestle India is currently trading at Rs. 6132.35, up by 7.35 points or 0.12% from its previous closing of Rs. 6125.00 on the BSE.

The scrip opened at Rs. 6184.95 and has touched a high and low of Rs. 6190.00 and Rs. 6132.35 respectively. So far 570 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7327.00 on 18-May-2015 and a 52 week low of Rs. 4990.00 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 6249.00 and Rs. 6012.10 respectively. The current market cap of the company is Rs. 59440.29 crore.

The promoters holding in the company stood at 62.76% while Institutions and Non-Institutions held 20.10% and 17.14% respectively.

Nestle India, one of the largest FMCG companies in India, has re-launched its two variants of Noodles -- Maggi Vegetable Atta Noodles and Maggi Oats Noodles. Both the noodle variants will be available at competitive price points of Rs 20 for a 80 gm pack and Rs 25 for a 73 gm pack.

Meanwhile, the company has regained 50% share in India’s Rs 2,000 crore noodles market, about six months after it relaunched the popular snack. With the latest re-launch, the company is aiming to provide more choices to suit consumer preferences, driving greater volumes and building back its market share.

Nestle India is a subsidiary of Nestle S.A. of Switzerland. With eight factories and a large number of co-packers, Nestle India is a vibrant Company that provides consumers in India with products of global standards and is committed to long-term sustainable growth and shareholder satisfaction.

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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Nestle rises on re-launching Atta and Oats variants of Maggi Noodles

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