INSUBCONTINENT EXCLUSIVE:
Shubham Aggarwal of Quantsapp Advisory has a buy call on Nestle India Ltd
with a target price of Rs 16200.0
The current price of Nestle India Ltd
is Rs 15554.65 Time period given by the analyst is Intra Day when Nestle India Ltd
price can reach defined target.Shubham Aggarwal recommended to keep a stoploss at Rs 15175
Nestle India Ltd., incorporated in 1959, has a market cap of Rs 149971.27 crore
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 30-09-2019, the company has reported a Standalone sales of Rs 3199.31 Crore, up 7.26 % from last quarter Sales of Rs
2982.83 Crore and up 9.49 % from last year same quarter Sales of Rs 2921.99 Crore Company has reported net profit after tax of Rs 595.41
Duggal, Mr.Suresh Narayanan, Ms.Rama Bijapurkar, Ms.Roopa Kudva
As on 31-12-2019, the company has a total of 96,415,716 shares outstanding.