Nestle India's Stock Performance Highlights Volatility Amidst FMCG Sector Challenges

Nestle India, a prominent player in the FMCG sector, has shown notable activity today, underperforming the sector by 0.36%. The stock traded within a narrow range of Rs 5.9, reflecting high volatility with an intraday volatility rate of 96%, calculated from the weighted average price.
Currently, Nestle India holds a market capitalization of Rs 2,31,479.67 crore, categorizing it as a large-cap stock. The company's price-to-earnings (P/E) ratio stands at 74.85, significantly higher than the industry average of 54.41.

In terms of performance metrics, Nestle India has experienced a 1-year decline of 2.95%, contrasting with the Sensex's gain of 8.39%. Over the past week, the stock has decreased by 0.06%, while the Sensex saw a slight drop of 0.09%. However, on a year-to-date basis, Nestle India has outperformed the Sensex with a gain of 10.58% compared to the index's 4.14%.

Overall, the stock's performance reflects a complex landscape within the FMCG sector, with 92 stocks reporting results, of which 24 were positive, 47 flat, and 21 negative.