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Nestle India March Quarter Results: Profit rises 27% YoY to Rs 934 crore, beats estimates

Nestle India Results: The revenue from operations stood at Rs 5,268 crore, 9% higher compared to Rs 4,830 crore reported by the company in the year-ago period. The Board has also recommended a final dividend of Rs 8.5 per share for the financial year 2023-24.

Stock recommendations by analyst for February 23: Midhani, L&T and Nestle

For Friday, an analyst from a few domestic brokerage has assigned Buy calls on Midhani, L&T and Nestle shares.

Stock recommendations by analysts for February 22: Nestle, GSPL and Gujarat Gas

nestle shares: Nestle falls 2% post Q3 earnings Here s how brokerages view this stock

Nestle Share Price: Nestle India shares fell over 2% to the day s low of Rs 2,447 on the NSE in Monday s trade amid selling pressure in most FMCG stocks with the Nifty FMCG index as the worst-performing index. However, brokerages Citi and Nuvama remain optimistic about the stock s prospects, each recommending a Buy . Meanwhile, Motilal Oswal held a neutral rating calling valuations on the higher side.

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