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Nestle India rises on the bourses

25 Apr 2018 Evaluate

Nestle India is currently trading at Rs. 8849.00, up by 25.70 points or 0.29% from its previous closing of Rs. 8823.30 on the BSE.

The scrip opened at Rs. 8866.55 and has touched a high and low of Rs. 8899.55 and Rs. 8848.30 respectively. So far 299 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 9246.35 on 20-Apr-2018 and a 52 week low of Rs. 6301.05 on 25-Apr-2017.

Last one week high and low of the scrip stood at Rs. 9246.35 and Rs. 8809.40 respectively. The current market cap of the company is Rs. 85713.57 crore.

The promoters holding in the company stood at 62.76%, while Institutions and Non-Institutions held 20.19% and 17.04% respectively.

The Government of Gujarat has joined hands with Nestle India and National Association of Street Food Vendors of India (NASVI) to train 375 street food vendors in Ahmedabad on food quality and safety.

Nestle India launched Project 'Serve Safe Food' in November 2016 to encourage the micro and small food business operators to use the knowledge shared on food safety during the training in their everyday business.

Nestle India is a subsidiary of Nestle S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.

Peers
Company Name CMP
Nestle India 1363.30
Varun Beverages 432.90
Britannia Industries 4934.25
LT Foods 425.95
Hatsun Agro Product 1145.10
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