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Nestlé India Limited (NESTLEIND.NS)

2,417.20

+15.90

+(0.66%)

At close: June 6 at 3:29:57 PM GMT+5:30

India's market regulator warns Nestle over breach of insider trading regulations

The Indian arm of Swiss food giant Nestle said its compliance officer received an administrative warning letter from the Securities and Exchange Board of India (SEBI) on Thursday. Nestle India "would like to categorically assert that this information has no impact on the financial and operational capabilities," the Maggi instant noodles maker told Reuters, without specifying details.

Reuters 2 months ago

NESTLEIND.BO
Nestle India considering price hikes to counter commodity inflation, executive says

Nestle India will consider raising prices of its products by a small margin to counter inflation in coffee, cocoa and edible oil while aiming to keep sales coming in, a top executive said on Monday. Profits at Corporate India came under pressure in the October-December quarter due to the double whammy of consumers cutting back due to inflation in large cities and high prices of commodities. "Wherever (price increase) is absolutely essential, we will have to take some pricing action," Nestle India Managing Director Suresh Narayanan told Reuters at the sidelines of an industry conference in Mumbai.

Reuters 3 months ago

NESTLEIND.BO
Nestle's India unit misses profit view on sluggish urban demand

"It was a quarter that was marked with food inflation, moderation in urban consumption, with gradual recovery in rural consumption," Nestle India Chairman and Managing Director Suresh Narayanan said in a statement. Revenue for Nestle India, home to brands such as Nescafe instant coffee and KitKat chocolate, rose 3.9% to 47.8 billion rupees for the three-month period ended Dec. 31, primarily driven by price hikes. Revenue jumped 8.1% in the comparable quarter last year.

Reuters 4 months ago

NESTLEIND.BO
Nestle India's Q2 profit slides on weak demand, higher costs

BENGALURU (Reuters) -Nestle India reported a nearly 9% decline in quarterly profit on Thursday, hurt by higher ingredient prices and weaker demand for its packaged food. The Indian arm of Swiss food major Nestle reported profit before exceptional items and tax of 10.21 billion rupees ($121.51 million) for the second quarter ended Sept. 30. Consumer goods makers, such as Nestle, have raised the prices of their chocolates and instant coffee in the last few quarters to counter the surging cost of raw materials.

Reuters 7 months ago

NESTLEIND.BO
24 Largest Publicly Traded Food Companies in 2024

In this article, we will be taking a look at the 24 largest publicly traded food companies in 2024. If you want to skip our detailed analysis of the food industry, you can go directly to see the 5 Largest Publicly Traded Food Companies in 2024. Trends Shaping the Global Food Industry The global food […]

Insider Monkey 9 months ago

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Nestlé invests further in Indian joint venture with Dr Reddy’s

The companies plan to work together in India and “other agreed territories”, a stock exchange announcement said.

Just Food 9 months ago

NESTLEIND.BO

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Nestle India misses Q1 estimates, posts slowest revenue growth in 8 years

BENGALURU (Reuters) -Nestle India's first-quarter profit and revenue came in below expectations on Thursday as price hikes drove shoppers towards cheaper rivals, pushing the consumer giant to mark its slowest revenue growth in eight years. Shares of Nestle India fell further after the results to trade 2.6% lower, making it the top loser in Nifty FMCG index, which was down 0.8%. Over the last few years, Nestle India and other consumer good giants have raised prices of their chocolates and milk products to offset the surge in cost of raw materials, including cocoa and milk.

Reuters 10 months ago

NESTLEIND.BO

Performance Overview

Return	NESTLEIND.NS	S&P BSE SENSEX (^BSESN)
YTD	+12.10%	+5.18%
1-Year	-1.14%	+9.48%
3-Year	+46.58%	+47.62%

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Nestlé India Limited (NESTLEIND.NS)

India's market regulator warns Nestle over breach of insider trading regulations

Nestle India considering price hikes to counter commodity inflation, executive says

Nestle's India unit misses profit view on sluggish urban demand

Nestle India's Q2 profit slides on weak demand, higher costs

24 Largest Publicly Traded Food Companies in 2024

Nestlé invests further in Indian joint venture with Dr Reddy’s

Nestle India misses Q1 estimates, posts slowest revenue growth in 8 years

Performance Overview