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Nestle India climbs on reporting rise in Q4 net profit

07 Feb 2024 Evaluate

Nestle India is currently trading at Rs. 2497.00, up by 39.15 points or 1.59% from its previous closing of Rs. 2457.85 on the BSE.

The scrip opened at Rs. 2470.70 and has touched a high and low of Rs. 2510.25 and Rs. 2448.00 respectively. So far 122537 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 2770.75 on 02-Jan-2024 and a 52 week low of Rs. 1788.80 on 15-Mar-2023.

Last one week high and low of the scrip stood at Rs. 2524.85 and Rs. 2445.80 respectively. The current market cap of the company is Rs. 240557.21 crore.

The promoters holding in the company stood at 62.76%, while Institutions and Non-Institutions held 21.25% and 15.99% respectively.

Nestle India has reported results for fourth quarter (Q4) ended December 31, 2023.

The company has reported 4.39% rise in its net profit at Rs 655.61 crore for the quarter under review as compared to net profit of Rs 628.06 crore for the same quarter in the previous year. Total income of the company increased by 8.03% at Rs 4630.72 crore for December quarter as compared to Rs 4286.34 crore for the corresponding quarter previous year. 

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


Nestle Share Price

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