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.

• Trade War May Ease if China Shifts Manufacturing to US: Jefferies
• 55th GST Council Set to Held on 21 December 
• C2C Advanced Systems IPO GMP Today, Lot Size, Issue Date & Financials
• India to Lead Global Economy and AI: John Chambers
• Nazara Tech and WTFund to Invest in Two Gaming Startups 

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.