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Nestle India

HUL, Britannia, Tata Consumer stocks fall up to 3%; is increasing inflation a concern?

HUL, Britannia, Tata Consumer stocks fall up to 3%; is increasing inflation a concern?

Thu, Nov 14, 2024

FMCG pack hurt the Street in today's session on heightened inflationary pressure amid rising food prices.

FMCG sector facing sluggish demand, F&B growth declines to 1.5-2%: Nestle India CMD

FMCG sector facing sluggish demand, F&B growth declines to 1.5-2%: Nestle India CMD

Tue, Oct 22, 2024

Referring to a sharp uptick in fruits and vegetables, and oil prices, Narayanan said this is a cause for concern "because this clearly will lead to an increase of prices if they become unmanageable for organisations." He said Nestle too is facing difficult situation on account of higher prices of for cocoa and coffee, which are key ingredients for the company's products.

Nestle India Q2 preview: PAT to likely register 5% decline YoY; margins may narrow down by 50bps

Nestle India Q2 preview: PAT to likely register 5% decline YoY; margins may narrow down by 50bps

Wed, Oct 16, 2024

Amid volatility in food prices and inflationary pressure, there may be a seen a contraction in margins at the MNC company.

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Nestle India Q1 results miss estimates, commodity prices headwinds remain; stock tumbles

Nestle India Q1 results miss estimates, commodity prices headwinds remain; stock tumbles

Thu, Jul 25, 2024

Nestle India's Q1 missed on net profit estimates and the stock pared some of its losses after the earnings were announced.

Nestle India shareholders approve continuation of payment of royalty at existing rate to parent

Nestle India shareholders approve continuation of payment of royalty at existing rate to parent

Tue, Jul 09, 2024

The members of the company at its AGM (annual general meeting) held on July 8, 2024 have approved the ordinary resolution to continue the payment of general licence fees (royalty) at the existing rate of 4.5 per cent with 99.54 per cent of valid votes in favour and 0.46 per cent against it

Nestle India announces first interim dividend for FY25: Check amount, dividend payment date etc.

Nestle India announces first interim dividend for FY25: Check amount, dividend payment date etc.

Mon, Jul 08, 2024

FY24 financials of Nestle India are for 15 months due to change in the financial year from December 2023 to March 2024.

SBI, Nestle India, ICICI Bank: Axis Securities picks 5 large-cap stocks for up to 20% gains; check targets

SBI, Nestle India, ICICI Bank: Axis Securities picks 5 large-cap stocks for up to 20% gains; check targets

Mon, Jul 01, 2024

The 30-share BSE Sensex rose 443.46 points, or 0.56 per cent, to a record high of 79,476.19. The wider Nifty gained 131.35 points, or 0.55 per cent, to settle at a new historical high of 24,141.95.

Nestle India dividend: Maggi, KitKat maker board to meet on this date to consider a payout

Nestle India dividend: Maggi, KitKat maker board to meet on this date to consider a payout

Fri, Jun 21, 2024

Nestle India dividend record date, Nestle India Q1 results date: Nestle India—whose popular brands include Maggi, Milkybar, Kit Kat, Nescafe, and Milkmaid—on Thursday informed the exchange about its upcoming board meeting scheduled to be held on Monday, July 18.

Nestle India shares rise after board gives nod to royalty payment to parent at current rate—should you buy or wait?

Nestle India shares rise after board gives nod to royalty payment to parent at current rate—should you buy or wait?

Thu, Jun 13, 2024

Nestle India royalty news: Shares of FMCG major Nestle India hogged the limelight on Thursday, June 13, a day after the company, which houses over 2,000 brands, including names such as Maggi, Nescafe, and KitKat on Wednesday said it will continue to pay a royalty to its parent firm at the existing rate of 4.5 per cent of net sales after its proposal to hike it was rejected by shareholders.

Nestle India to pay royalty licence fee to parent firm at 4.5%

Nestle India to pay royalty licence fee to parent firm at 4.5%

Wed, Jun 12, 2024

On May 18, the majority of Nestle India shareholders voted against a plan to boost royalty payouts to Swiss parent Nestle SA. More than 57 per cent of Nestle India's shareholders voted against increasing royalty.

After Amul increases milk prices by Rs 2/litre, here's how dairy stocks are performing in today's trade

After Amul increases milk prices by Rs 2/litre, here's how dairy stocks are performing in today's trade

Mon, Jun 03, 2024

Amul has increased the prices of all its brands including Gold. After Amul, Mother Dairy and other milk-producing companies can also increase the prices of milk. As Amul increased milk prices, dairy stocks such as Nestle India, Hatsun Agro Products, Parag Milk Foods, Milkfood Ltd, Dodla Dairy, and Modern Dairies are faring well on BSE on Monday.

Nestle India gains 3% as majority shareholders vote against royalty fee hike to parent

Nestle India gains 3% as majority shareholders vote against royalty fee hike to parent

Sat, May 18, 2024

At day's high shares of the FMCG major Nestle India scaled to Rs 2518.75 per share as the company's shareholders voted against raising royalty fee.

10 Stocks to Follow: Know brokerage ratings and key details

10 Stocks to Follow: Know brokerage ratings and key details

Mon, Apr 29, 2024

The stock market on Monday opened on a high note with BSE Sensex and Nifty 50 trading in positive territory. For investors seeking stock investment, Axis Direct has picked as many as 10 stocks and has given its calls.

Nestle India dividend 2024: Maggi, KitKat maker announces Rs 8.5/share payout—check out record date, payment date

Nestle India dividend 2024: Maggi, KitKat maker announces Rs 8.5/share payout—check out record date, payment date

Thu, Apr 25, 2024

Nestle India dividend 2024, Nestle India dividend 2024 amount: Nestle India—whose popular brands include Maggi, Milkybar, Kit Kat, Nescafe, and Milkmaid—on Thursday, April 25 announced a final interim dividend of Rs 8.5 per share of the face value of Re 1 along with its quarterly earnings report for the January-March period.

Bengaluru Metro Rail Corporation extends metro service beyond scheduled time in view of Lok Sabha polls

Bengaluru Metro Rail Corporation extends metro service beyond scheduled time in view of Lok Sabha polls

Thu, Apr 25, 2024

Bengaluru Metro timings: Bengaluru Metro Rail Corporation Limited has extended the Metro Service in Bengaluru beyond the scheduled time of 11.55 pm to 00.35 am on April 27 ahead of Lok Sabha polls in the metro city on April 26.

Nestle India January-March 2024 Results: Kit Kat chocolate maker beats analysts' expectations with 27% jump in net profit

Nestle India January-March 2024 Results: Kit Kat chocolate maker beats analysts' expectations with 27% jump in net profit

Thu, Apr 25, 2024

Nestle India reported a strong set of quarterly financial results on April 25. Nestle India, whose popular brands include Maggi, Milkybar, Kit Kat, Nescafe and Milkmaid, changed its financial year from January-December to April-March, by extending the last financial year up to March 31 covering a period of 15 months.

Nestle India shares gain over 1% as analysts expect strong financial performance in Q1 2024

Nestle India shares gain over 1% as analysts expect strong financial performance in Q1 2024

Wed, Apr 24, 2024

Shares of Nestle India, which has a market cap of Rs 2,43,324 crore, have a 52-week high of Rs 2,770.75 and a 52-week low of Rs 2031.54.

Nestle India Q1 Results Preview: Net profit likely to rise 21%, margin may expand by 300 bps

Nestle India Q1 Results Preview: Net profit likely to rise 21%, margin may expand by 300 bps

Tue, Apr 23, 2024

Nestle India Q1 2024 Results Preview, Nestle India March quarter earnings: Nestle India is expected to clock a 21.3 per cent year-on-year jump in consolidated net profit to Rs 894 crore for the January-March period, according to Zee Business research.

Public Eye Uncovers Nestle's Baby Food Sugar Issue | Zee Business

Public Eye Uncovers Nestle's Baby Food Sugar Issue | Zee Business

Fri, Apr 19, 2024

Public Eye's investigation reveals excessive sugar levels in Nestle's baby food products, especially in low-income regions like India.

Nestle India shares continue to decline for second day

Nestle India shares continue to decline for second day

Fri, Apr 19, 2024

Nestle India shares: Nestle India on Thursday said it has reduced added sugar on baby food products in India by over 30 per cent, depending on variants, over the past five years, amid reports that the global FMCG major sold products with more sugar content in less developed countries.

Exclusive: FSSAI to investigate quality-related claims made against Nestle

Exclusive: FSSAI to investigate quality-related claims made against Nestle

Thu, Apr 18, 2024

Sources told Zee Business that the regulator's scientific committee will investigate the report, and action against Nestle is possible if discrepancy is found. The consumer department will also seek clarification from Nestle.

Nestle India's Plan to Increase Parental Royalty Gets Board Approval: Here's What You Need to Know

Nestle India's Plan to Increase Parental Royalty Gets Board Approval: Here's What You Need to Know

Mon, Apr 08, 2024

Nestle India: Nestle India preparing to increase the royalty of Swiss parent... Board approves annual increase of 0.15%

Nestle India rises over 1% after NCDRC dismisses govt's Maggi-related complaint against firm

Nestle India rises over 1% after NCDRC dismisses govt's Maggi-related complaint against firm

Fri, Apr 05, 2024

Nestle India said that a complaint filed by the Union of India, Department of Consumer Affairs, in 2015 before Hon’ble National Consumer Dispute Redressal Commission, New Delhi (NCDRC) on the allegation that by selling MAGGI Noodles in the past, the Company had indulged in unfair trade practice by manufacturing and selling of hazardous and defective goods to the public, and thereby seeking compensation of Rs 284.55 crore and punitive damages of Rs. 355.41 crore, was dismissed by NCDRC in favour of the company vide NCDRC’s order dated April 2, 2024. A copy of the said order was received by the company on April 3, 2024.

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