
Nestle India today reported its second quarter net profit fell 4.31 per cent on-year, as higher costs of raw materials…
BSE Sensex and Nifty 50 were trading 2 per cent down on Thursday, a day weekly F&O expiry.
But the companies are unable to take direct price hikes in lower-priced packs for the fear of hurting demand in…
Indian equity markets continued to trade in the red on Monday amid weak global cues. A total of 88 stocks…
While revenue growth was consistent, margins took a hit due to inflation; target price cut to Rs 21,430 from Rs…
The company will be facing this “turbulence” with strategies of scale, efficiencies, mix and pricing all of which we will…
Nestle, the maker of Maggi noodles, KitKats and Nescafe, said revenue rose 10.2 per cent year-on-year at Rs 3,980.7 crore…
The fall would have been much steeper, but for cigarette major ITC, which held up with a 12.3% gains. ITC…
Last month, Nestlé had raised the price of Nescafe coffee by 6% and Nestea Ice Tea by 11%.
Gross margin contracted by -205bps due to high input costs, but EBITDA margin was up by 51bps to 23.2% on…
Nestle India’s Chairman and MD Suresh Narayanan said six of the raw materials used by the company, including edible oil,…
The company, which follows a January-December financial year, had posted a profit of Rs 483.31 crore in the same period…
BSE Sensex and Nifty 50 were set to start in the positive territory on Wednesday, a day before weekly F&O…
Nifty futures were trading 23.50 points or 0.15 per cent up at 15,765.50 on Singaporean Exchange, suggesting a gap-up start…
The Nifty and Sensex have lost 1.50 per cent in the last two days. The Bank Nifty and Nifty Metal…
While demand could bounce back in the upcountry markets which is critical for companies, rising raw material prices are a…
Indian stock market is not stabilizing at any specific level, which is an indication of some more uncertainties in the…
SGX Nifty points at a gap-up opening for domestic equity benchmarks BSE Sensex and Nifty 50 on Thursday.