Nestle India's Stock Shows Resilience Amid Mixed Performance in FMCG Sector

Nestle India has shown notable activity in the FMCG sector today, outperforming its sector by 0.46%. The stock has been on a positive trajectory, gaining for the last two days with a total return of 5.75% during this period. It opened at Rs 1,151.95 and has maintained this price throughout the trading session.
In terms of moving averages, Nestle India is currently above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day moving averages. The company's market capitalization stands at Rs 2,20,763.06 crore, categorizing it as a large-cap stock. The price-to-earnings (P/E) ratio is reported at 73.51, significantly higher than the industry average of 55.18.

Despite the recent gains, Nestle India's one-year performance reflects a decline of 8.68%, contrasting with the Sensex's increase of 1.26% over the same period. The stock's performance over the last month has also been negative, down 7.40%, while it has shown a year-to-date increase of 5.46%, slightly ahead of the Sensex's 4.22% gain.