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Nestle India trades higher on the bourses

Nestle India is currently trading at Rs. 14599.15, up by 13.50 points or 0.09% from its previous closing of Rs. 14585.65 on the BSE.

The scrip opened at Rs. 14600.00 and has touched a high and low of Rs. 14665.80 and Rs. 14573.95 respectively. So far 9282 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 15150.00 on 31-Oct-2019 and a 52 week low of Rs. 10028.10 on 08-Mar-2019.

Last one week high and low of the scrip stood at Rs. 14669.00 and Rs. 14108.00 respectively. The current market cap of the company is Rs. 140911.57 crore.

The promoters holding in the company stood at 62.76%, while Institutions and Non-Institutions held 21.20% and 16.04% respectively.

Nestle India has launched a programme to train 1,000 street vendors to prepare food in a hygienic manner across Assam in the coming months. For this CSR initiative ‘Serve Safe Food’ in Assam, the company has tied up with the Department of Health and Family Welfare of the state government and National Association of Street Vendors of India (NASVI).

Nestle India is a subsidiary of Nestle S.A. of Switzerland, a vibrant company that provides consumers in India with products of global standards.

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