On National Stock Exchange (NSE), Nestle India Ltd is quoting at Rs 18980, up 1.15 per cent. The stock is down 2.36 per cent in 2021 compared to a 6.37 per cent slide in NIFTY and a 4.43 per cent slide in the Nifty Financial Services index.

• Indian Hume Pipe Soars 9% on Rs 738 Cr Rajasthan Order
• Max Estates Jumps 6% as Q1 Pre-Sales Surges 5x
• Raymond Realty Soars 12% on Q1 Pre-Sales Jump
• Zydus Lifesciences Jumps 4% on Apollo Cancer Test Tie-Up
• Arvind Board Approves Rs 600 Cr Fundraise via QIP

On Friday, Nestle India Ltd is up for a third straight session. The stock is quoted at Rs 18980, up 1.15 per cent. The benchmark NIFTY is up around 1.67 per cent. The Sensex is at 58247.2, up 1.77 per cent. Nestle India Ltd slipped around 0.15 per cent in September month.

Meanwhile, the Nifty Financial Services index, of which Nestle India Ltd is a constituent, slipped around 1.44 per cent in September. The volume in the stock stood at 7772 shares on 13 October 2022, compared to the daily average of 62888 shares in September.

The benchmark October futures contract for the stock rose 1.25 per cent. Nestle India Ltd is down 2.36 per cent in 2021 compared to a 6.37 per cent slide in NIFTY and a 4.43 per cent slide in the Nifty Financial Services index. As on June 2022, the private equity of the stock is 78.8 based on TTM earnings.