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As food inflation bites, Nestle turns to smaller cities to drive growth
Nestle India is strategically focusing on tier-2 and tier-3 markets for growth, anticipating rising consumption in these areas. Despite facing uneven demand and rising commodity costs in FY26, the company is investing in rural and semi-urban markets to drive future consumption. Nestle India reported a nearly 15% domestic sales increase, driven by volume growth and market share gains, as it navigates a dynamic economic landscape.
Sensex Today | Stock Market Live Updates: KPIT Tech extends losses to 15%; Nifty above 23,950
Sensex Today | Stock Market Live Updates: The markets are moving with some level of caution and a positive bias. The Nifty is moving with an uptick of over 50 points, rising towards the 24,000 mark. The Nifty Bank index is largely flat, trading around the 57,500 mark. M&M, Eternal and Nestle India are thetop gainers.
Stocks to watch, July 1: RIL, Nestle India, Paras Defence, KPIT Tech, HUL, Kotak Bank, Unimech Aerospace - Upstox
Stocks to watch, July 1: RIL, Nestle India, Paras Defence, KPIT Tech, HUL, Kotak Bank, Unimech AerospaceUpstox
Cemindia Projects Ltd leads losers in 'A' group
Nestle India Ltd, Cartrade Tech Ltd, Inox India Ltd and Oil & Natural Gas Corpn Ltd are among the other losers in the BSE's 'A' group today, 12 June 2026.
Nestle among Nuvama's top 5 consumer picks after Q4 earnings season. Do you own any?
Nestle is among Nuvama's top consumer picks following strong Q4 earnings, driven by resilient rural and urban demand. Despite challenges like unseasonal weather impacting seasonal products, the brokerage highlighted Nestle, Asian Paints, Pidilite Industries, Berger Paints, and Marico as key investment opportunities in the sector.
Taking Stock: Nifty above 23,600, Sensex gains 1,695 pts on Middle East peace hopes
Among the Nifty constituents, Shriram Finance, L&T, InterGlobe Aviation, Bajaj Finance and Titan Company emerged as the top gainers. On the other hand, Nestle India, ONGC, Tech Mahindra, Tata Consumer and SBI Life Insurance ended as the major laggards.