Nestle India's Stock Faces Decline Amidst Strong Market Valuation and Sector Trends
Nestle India has experienced a decline in trading, underperforming its sector and showing a total drop over two days. The stock remains above its longer-term moving averages but below shorter ones. With a market cap of Rs 2,27,806.23 crore, it has a high P/E ratio compared to industry peers.
Nestle India, a prominent player in the FMCG sector, has shown notable activity in today's trading session. The stock has underperformed its sector by 0.43%, marking a consecutive decline over the past two days with a total drop of 1.43%. It opened at 2350.45 and has maintained this price throughout the trading day.In terms of moving averages, Nestle India is currently positioned higher than its 50-day, 100-day, and 200-day moving averages, yet it remains below its 5-day and 20-day moving averages. The company's market capitalization stands at Rs 2,27,806.23 crore, categorizing it as a large-cap stock. The price-to-earnings (P/E) ratio of 73.56 significantly exceeds the industry average of 53.91, indicating a premium valuation compared to its peers.
Over the past year, Nestle India has experienced a decline of 4.45%, contrasting with the Sensex's gain of 7.32%. In the broader FMCG sector, 39 stocks have reported results, with 10 showing positive outcomes, 21 flat, and 8 negative. Despite recent challenges, Nestle India has demonstrated resilience with an 8.82% year-to-date performance, outperforming the Sensex's 3.58%.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
