Nestle India shares jump 5% despite Q2 profit tumbling 24% YoY; here’s why

Nestle India shares jump 5% despite Q2 profit tumbling 24% YoY; here’s why

Shares of Nestle India gained 5% to their day’s high of Rs 1,281 on the NSE on Thursday, October 16, following the company’s Q2 FY26 results. The company reported a 23.6% year-on-year (YoY) decline in standalone profit after tax (PAT) to Rs 753.2 crore, even as revenue from operations rose 10.6% YoY to Rs 5,643.61 … Read more

Nestle India stock hits lifetime high; Here are 3 factors driving the bulls

Nestle India stock hits lifetime high; Here are 3 factors driving the bulls

Shares of Nestle India surged as much as 4% in trade on Thursday and scaled a lifetime high, buoyed by the high dividend payout, stock split, and robust earnings for the September quarter. The Maggi noodles maker announced an interim dividend of Rs 140 a share, and the board also approved a 10-for-1 stock split. … Read more

Nestle shares fall 4% on Q4 results. Should you buy, sell or hold?

Nestle shares fall 4% on Q4 results. Should you buy, sell or hold?

Shares of Nestle fell 4% to Rs 18,837.6 in Friday’s intraday trade on BSE after the company reported Q4 earnings below market expectations. FMCG major Nestle India on Thursday posted a 66% year-on-year (YoY) rise in net profit at Rs 628 crore for the fourth quarter ended December 2022. The profit stood at Rs 379 … Read more