At PE of 80.8 … Nestle is not of in need of Re rating , but delivering on the promise of earning …
That is sad part for Nestle … inspite of so many core advantages … its long term earning growth < 10% is worse than sub par commodity companies …
It has failed to live up to its potential … Now it has to depend upon parents to give them products to succeed …
Where are innovations like Maggi which happened in 1990s - No earth shattering product development is happening in India … Sad for a company that has market cap of 1.85 lac crore … and great talent
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