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