27.10 (2.15%) Nestle India is currently trading at Rs. 6715.05, up by 12.65 points or 0.19% from its previous closing of Rs. 6702.40 on the BSE.
The scrip opened at Rs. 6702.00 and has touched a high and low of Rs. 6735.25 and Rs. 6690.50 respectively. So far 1818 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7390.00 on 29-Jul-2016 and a 52 week low of Rs. 5490.00 on 11-May-2016.
Last one week high and low of the scrip stood at Rs. 6778.00 and Rs. 6262.00 respectively. The current market cap of the company is Rs. 64743.15 crore.
The promoters holding in the company stood at 62.76%, while Institutions and Non-Institutions held 20.04% and 17.20% respectively.
Nestle India is exploring ways to bring some products from its 2,000 global brands to the country and also reduce dependency on a single brand. The company’s Chairman and Managing Director Suresh Narayanan has said that in the coming years, Nestle hopes to be part of the consumer journey through life, by enhancing the nutrition credentials of its many brands, fortifying those that are relevant and addressing in a small yet significant way the health issues facing the society.
Nestlé India is a subsidiary of Nestlé S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.