Fri, Feb 17, 2023
Nestle's stock fell by about 3%. Why are Maggi instant noodles maker Nestle India's shares falling? Know the complete details on the news from Varun Dubey.
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Nestle India beat analysts' estimates with a year-on-year jump of 65.7 per cent in net profit for the quarter ended December 2022, sending strong signals to Dalal Street. Nestle shares ended stronger by Rs 316.3 or 1.6 per cent at Rs 19,562.1 after the earnings announcement.
Thu, Oct 19, 2017
Makers of packaged foods are under pressure to review their business models and brand portfolios to satisfy consumers` appetite for fresh, healthy, local foods, while at the same time improving returns to silence increasingly vocal activist investors.
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