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