Nestle India Ltd hitting a 52-week high of ₹1,279.50
NESTLEIND stock soared up to 5%, hitting a 52-week high of ₹1,279.50, as investors welcomed the volume-driven sales growth and positive outlook on improved consumer demand. Export segment growth and the Petcare division (Purina, Drools) also contributed to the company’s performance. The company’s statement identified the recent government GST rate cuts as a consumer-positive step, expected to stimulate demand and affordability in the FMCG sector.
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