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( As on 26/05/2022 13:18)

Nestle India Ltd soars 1.11%, gains for fifth straight session

Nestle India Ltd is quoting at Rs 17476.05, up 1.11% on the day as on 12:44 IST on the NSE. The stock is down 1.53% in last one year as compared to a 4.12% jump in NIFTY and a 8.02% jump in the Nifty Financial Services.

Nestle India Ltd is up for a fifth straight session today. The stock is quoting at Rs 17476.05, up 1.11% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is down around 0.35% on the day, quoting at 15969.7. The Sensex is at 53598.68, down 0.28%. Nestle India Ltd has slipped around 4.1% in last one month.

Meanwhile, Nifty Financial Services index of which Nestle India Ltd is a constituent, has slipped around 0.08% in last one month and is currently quoting at 37930.95, down 0.86% on the day. The volume in the stock stood at 53261 shares today, compared to the daily average of 78587 shares in last one month.

The benchmark May futures contract for the stock is quoting at Rs 17390.95, up 0.58% on the day. Nestle India Ltd is down 1.53% in last one year as compared to a 4.12% jump in NIFTY and a 8.02% jump in the Nifty Financial Services index.

The PE of the stock is 71.9 based on TTM earnings ending March 22.