Nestle India Ltd

(NESTLEIND)

Nestle India Plans Cost Cuts and Marketing Boost - 19 Nov, 2024

Nestle India announced a dividend of Rs 8.50 per share. The company aims to cut costs, enhance marketing efforts, and achieve savings of at least 2.5 billion Swiss francs by 2027.

Nestle India Shares Hit 52-Week Lows Amid Slowdown - 18 Nov, 2024

Nestle India shares reached new 52-week lows as urban consumption slowdown affected revenue growth and profits, impacting major consumer brands including Nestle.

Nestle India Faces Market Cap Decline Amid Slowdown - 14 Nov, 2024

Nestle India experienced a market cap decline of Rs 4,523 crore due to a 2.11% drop in stock price. Additionally, urban consumption slowdown has negatively impacted revenue growth and profits.

Nestlé India Reports Mixed Q2 Results Amid Challenges - 05 Nov, 2024

Nestlé India reported a net profit of ₹899.5 crore for the quarter, slightly down from last year but above analyst expectations. Revenue rose 1.3% to ₹5,104 crore, missing estimates. Urban sales volumes were impacted by a shrinking middle class, raising concerns about consumer spending.

Nestlé India Faces Market Cap Decline Amid Earnings Issues - 04 Nov, 2024

Nestlé India's stock faced significant pressure on November 4, 2024, with a market cap drop of ₹3,307 crore due to disappointing earnings and volume declines. Chairman Suresh Narayanan highlighted challenges in maintaining the Rs 5 segment amid losses.

Nestle India Launches Over 140 New Products - 30 Oct, 2024

Nestle India has successfully launched over 140 products in the last eight years, capitalizing on the premiumization trend, with notable items reaching international markets.

Nestle India Faces Challenges Amidst Growth in E-commerce - 28 Oct, 2024

Nestle India's CMD noted a shrinking middle class impacting spending, while the company reported disappointing Q2 FY25 results due to sluggish demand. However, quick commerce has emerged as a significant growth channel, now making up 50% of e-commerce sales.

Nestle India Sees Strong E-commerce Growth - 25 Oct, 2024

In Q2 FY25, Nestle India reported a 38% growth in its e-commerce channel, the highest in seven quarters, with e-commerce contributing 8.3% to domestic sales, half from quick-commerce.

Nestle India Faces Market Challenges and Declining Shares - 24 Oct, 2024

Nestle India reported disappointing Q2 results, with a net profit decline and significant market cap loss. Shares hit a 52-week low amid rising competition and challenging market conditions.

Nestlé India Faces Growth Challenges Amid Demand Shift - 23 Oct, 2024

Nestlé India is experiencing its slowest growth in eight years, primarily due to reduced spending by the middle class and rising raw material costs. The company noted a decline in volumes, particularly in milk and chocolate segments, while premium products show resilience. E-commerce is growing rapidly, but overall demand remains muted.

Nestle India Faces Revenue Challenges Amid Inflation - 22 Oct, 2024

Nestle India reported a modest 1% revenue growth amid rising food inflation and sluggish demand in the FMCG sector. The company launched sugar-free CERELAC variants, but overall profit and volume growth have declined. Urban markets are particularly affected by rising commodity prices, while rural areas remain stable.

Nestle India Faces Challenges Amidst E-commerce Growth - 21 Oct, 2024

Nestle India's Q2FY25 results fell short of expectations due to low consumer demand and high commodity costs. Analysts maintain cautious ratings with revised price targets.