Nestle India Q2 Results: Nestle India reported a consolidated net profit of Rs 899 crore for Q3 2024, slightly down from Rs 908 crore YOY. Revenue from operations grew by 1.3% to Rs 5,104 crore. Despite challenges like muted consumer demand and high commodity prices, the company saw growth in key brands and ecommerce.
Posts in category Economic Times
Nestle India Q2 Results: Cons PAT falls marginally to Rs 899 crore, but beats estimates (17-10-2024)
Shares of Indian Oil Corp. fall as Nifty drops (17-10-2024)
On the technical charts, the 200-day moving average of the stock stood at Rs 166.62.
Ashok Leyland shares drop 1.15% as Sensex falls (17-10-2024)
A total of 97,251 shares changed hands on the counter till 12:06PM (IST)
Is it time to bet on IT and private bank stocks? Mihir Vora answers (17-10-2024)
So, headline numbers tend to kind of mask a bit of the underlying churn that is going on in the segment, that is one. And whether we like it or not, midcaps and smallcaps are now 40% of the market cap.
Top 20 festive picks with an upside potential up to 30% (17-10-2024)
Despite a slight market correction, Prabhudas Lilladher identifies 20 stocks across large, mid, and small-cap segments with potential returns up to 30%. These include Ambuja Cement, Bharti Airtel, ICICI Bank, and Reliance Industries among others. Investors are encouraged to consider these opportunities for future growth amidst festive optimism and geopolitical uncertainty.
Gold ETFs draw investor interest ahead of Dhanteras, inflows surge by 88% YTD: ICRA (17-10-2024)
Gold ETFs are gaining popularity ahead of Dhanteras, with YTD inflows up 88% to Rs 1,232.99 crore, driven by liquidity, transparency, and rising demand amidst geopolitical tensions.
Share price of United Spirits falls as Sensex drops 428.34 points (17-10-2024)
Promoters held 0.79 per cent stake in the company as of 30-Jun-2024, while FII and DII ownership stood at 15.1 per cent and 11.86 per cent, respectively.
Neutral on Bajaj Auto, target price Rs 11,450: Motilal Oswal Financial Services (17-10-2024)
Motilal Oswal Financial Services has maintained neutral rating on Bajaj Auto Ltd. at a price target of Rs 11450 based on 26x Sep-26E consolidated EPS. After a sharp rally, the stock now trades at ~38.5x/30x FY25E/26E EPS, appearing fairly valued.
PNB shares decline 1.42% as Sensex slides (17-10-2024)
A total of 510,477 shares changed hands on the counter till 11:51AM (IST)
BEL shares down 0.05% as Nifty falls (17-10-2024)
The stock quoted a 52-week high price of Rs 340.35 and low of Rs 127.0.