The stock fell as much as 4.49% to an intraday low of Rs 1,448.85 per share. At 2 pm, Nestle India shares were trading 3.03% lower at Rs 1,471 apiece. By comparison, the BSE Sensex was down 0.5% at 78,247.
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The stock fell as much as 4.49% to an intraday low of Rs 1,448.85 per share. At 2 pm, Nestle India shares were trading 3.03% lower at Rs 1,471 apiece. By comparison, the BSE Sensex was down 0.5% at 78,247.
ITC's cigarette EBIT fell 35% in Q1FY27 after a sharp tax reset, but Nomura, Jefferies and Kotak have all turned buyers, betting on volume resilience and a margin recovery through the year
Hindustan Unilever missed estimates on revenue and profit despite posting its highest underlying sales growth in 13 quarters. Here's what went wrong.
Nestlé India's Q1 Blowout: Morgan Stanley highlighted that the positive trends in top-line growth momentum and management's focus on driving growth augur well for the stock's near-term performance.
Lenskart's FY26 EBITDA nearly doubled,and investors bullish on the company see this as an early sign that the business can drive profitability alongside growth rather than sacrificing one for the other.
The expected price revision could extend beyond premium products, with similar hikes likely across value-end brands sold by both companies, sources said.
This is the second time Asian Paints has implemented price hikes, having earlier issued a hike in range of 6-8% in March, which in turn, became effective from April 2026.
Kotak estimates show that prices of critical inputs have climbed steeply, with crude oil up 50-60%, palm oil higher by about 15%, and packaging material costs rising 20-25%.
In the last one year, FIIs have sold equities worth Rs 2.6 lakh crore.
The remaining 5% of the sites were "suspended or disrupted", as they are located close to military bases, a top L&T official said.
The investment will prioritise skin care, hair care, personal care and home care liquids - segments where premiumisation and innovation are driving growth.
Devyani-Sapphire Merger: The entity will have a turnover of around Rs 8,000 crore. After the merger, the entity will cross a billion dollar in turnover, sources told NDTV Profit.
Out of the 261 Westside outlets, 20 have lab diamond stores operating within them.
The Nifty 50 closed 0.23% higher at 24,894.25 while Sensex closed 0.26% higher at 81191.58.
Trent's share price has fallen 33% year-to-date and is down 43% since its inclusion in the benchmark index. Technicals too reflect weakness, with the RSI slipping below 30.
With a market capitalization of Rs 3.26 lakh crore, Zomato's parent has now overtaken Titan that has a market cap of Rs 3.11 lakh crore and Tata Motors with a market cap of Rs 2.62 lakh crore.
TCS and Infosys exhibit attractive valuations alongside strong dividend histories, while HUL and Nestle appear overvalued despite solid past returns.
Bata's year-over-year revenue growth has languished below 3%, frequently dipping into negative territory.
Not just has competition intensified, but market leaders like Asian Paints and Berger have seen marginal dips in market share making the case for mergers and acquisitions stronger
Major IT companies like Tata Consultancy Services Ltd., Wipro Ltd., and Infosys Ltd. have done high amount of cashbacks in the last five years.