INSUBCONTINENT EXCLUSIVE:
Independent analyst Kunal Bothra has a buy call on Nestle India Ltd
with a target price of Rs 11,000
The current market price of Nestle India Ltd
Time period given by the analyst is Intra Day when Nestle India Ltd
price can reach the defined target
Kunal Bothra recommended to keep stoploss at Rs 10500
Nestle India Ltd., incorporated in 1959, is a largecap company with a market cap of Rs 102943.06 crore.
Nestle India Ltd
key Products/Revenue Segments include Milk Products which contributed Rs 5187.63 Crore to Sales Value (45.93 % of Total Sales), Prepared
Dishes Cooking aids which contributed Rs 3105.25 Crore to Sales Value (27.49 % of Total Sales), Beverages (Powdered) which contributed Rs
1522.61 Crore to Sales Value (13.48 % of Total Sales), Confectionery which contributed Rs 1400.74 Crore to Sales Value (12.40 % of Total
Sales), Export Incentives which contributed Rs 55.82 Crore to Sales Value (0.49 % of Total Sales), Other Operating Revenue which contributed
Rs 20.22 Crore to Sales Value (0.17 % of Total Sales)for the year ending 31-Dec-2018
For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 2878.83 Crore, down -1.48 % from last quarter Sales of
Rs 2921.99 Crore and up 11.17 % from last year same quarter Sales of Rs 2589.64 Crore Company has reported net profit after tax of Rs 341.76
Kanoria, Mr.Shobinder Duggal, Mr.Suresh Narayanan, Ms.Rama Bijapurkar, Ms.Roopa Kudva
LLP as its auditoRs As on 31-12-2018, the company has a total of 96,415,716 shares outstanding
