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

Nestle India, a prominent player in the FMCG sector, has shown notable activity in the market today. The stock has underperformed its sector by 0.83%, despite a three-day consecutive gain that has yielded a total return of 4.88%. Trading within a narrow range of Rs 21, the stock has experienced significant volatility, with an intraday volatility rate of 260.76%.
In terms of moving averages, Nestle India’s stock is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, yet remains below its 200-day moving average. The company boasts a market capitalization of Rs 2,27,285.59 crore, categorizing it as a large-cap stock. Its price-to-earnings (P/E) ratio stands at 72.20, notably higher than the industry average of 53.67.

Over the past year, Nestle India has seen a decline of 6.70%, contrasting with the Sensex's minimal drop of 0.03%. However, its year-to-date performance is positive at 8.57%, while its three-year performance reflects a growth of 27.96%, slightly ahead of the Sensex's 27.22%.