Nestle Financial News

Domestic benchmark index NSE Nifty fell 2.6 points to 24696.25, while the BSE Sensex traded 105.22 points down at 80697.64.

Triveni Engineering & Industries Ltd.(up 12.05%), Mawana Sugars Ltd.(up 6.29%), KCP Sugar & Industries Corporation Ltd.(up 5.68%), Simbhaoli Sugars Ltd.(up 4.97%), Ponni Sugars(Erode)Ltd.(up 4.17%), DCM Shriram Industries Ltd.(up 4.07%), Bajaj Hindusthan Sugar Ltd.(up 3.62%), Magadh Sugar & Energy Ltd.(up 3.51%), Rajshree Sugars & Chemicals Ltd.(up 3.42%) and Uttam Sugar Mills Ltd.(up 3.28%) stood among the top gainers.

Packaged foods makers Nestle and PepsiCo are in talks with Godrej Agrovet, one of the country's largest producers of palm oil, to buy refined palm oil locally for some of their biggest brands such as Maggi instant noodles and Lay's potato chips, executives directly aware of the developments said. Multinationals are sourcing locally amid rising global prices of the commodity as well as logistics costs and heightened scrutiny on the quality of edible oils by the government under the Food Safety & Standards Authority of India (FSSAI). They also aim to cut short months-long import buying cycles and circumvent any potential supply disruptions amid continued global geopolitical turmoil. So far, Nestle and PepsiCo have sourced palm oil primarily from Indonesia and Malaysia for Indian operations.

Mint on Wednesday in response to a questionnaire. After Hindenburg's Mauritius claim, the island country's financial services regulator in a press statement on Tuesday denied the fund being registered there. “We wish to clarify that IPE Plus Fund and IPE Plus Fund 1 are not licensees of the FSC and are not domiciled in Mauritius," the Mauritius Financial Services Commission said in the statement.

Nakoda Group Of Industries Ltd.(up 4.33%), Hatsun Agro Products Ltd.(up 3.37%), Honasa Consumer Ltd.(up 2.97%), Marico Ltd.(up 2.47%), Varun Beverages Ltd.(up 1.11%), Emami Ltd.(up 1.10%), Nakoda Group Of Industries Ltd.(up 1.09%), Patanjali Foods Ltd.(up 0.85%), Tata Consumer Products Ltd.(up 0.69%) and Nestle India Ltd.(up 0.47%) stood among the top gainers.

Triveni Engineering & Industries Ltd.(up 5.56%), Dwarikesh Sugar Industries Ltd.(up 3.58%), Bajaj Hindusthan Sugar Ltd.(up 3.35%), Balrampur Chini Mills Ltd.(up 3.29%), Ugar Sugar Works Ltd.(up 3.18%), Mawana Sugars Ltd.(up 2.70%), Shree Renuka Sugars Ltd.(up 2.60%), Simbhaoli Sugars Ltd.(up 2.37%), Avadh Sugar & Energy Ltd.(up 1.92%) and Rajshree Sugars & Chemicals Ltd.(up 1.66%) stood among the top gainers.

Khaitan Chemicals & Fertilizers Ltd.(up 9.75%), Aries Agro Ltd.(up 0.20%) and Madhya Bharat Agro Products Ltd.(up 0.08%) stood among the top gainers.

Inox Wind Ltd.(up 19.70%), Inox Wind Energy Ltd.(up 10.00%), Suzlon Energy Ltd.(up 5.00%), Hitachi Energy India Ltd.(up 4.58%), KPI Green Energy Ltd.(up 3.19%), Energy Development Company Ltd.(up 2.79%), Power and Instrumentation(Gujarat)Ltd.(up 2.00%), Karma Energy Ltd.(up 1.97%), Jaiprakash Power Ventures Ltd.(up 1.72%) and Ravindra Energy Ltd.(up 1.56%) stood among the top gainers.

Avadh Sugar & Energy Ltd.(up 8.30%), Triveni Engineering & Industries Ltd.(up 2.81%), EID Parry(India)Ltd.(up 2.61%), Dwarikesh Sugar Industries Ltd.(up 1.97%), Ponni Sugars(Erode)Ltd.(up 1.83%), Magadh Sugar & Energy Ltd.(up 1.33%), Dalmia Bharat Sugar and Industries Ltd.(up 1.30%), Uttam Sugar Mills Ltd.(up 1.21%), KM Sugar Mills Ltd.(up 1.08%) and Dhampur Sugar Mills Ltd.(up 0.94%) stood among the top gainers.

A Texas family of four is still missing after their boat capsized and sank off the coast of Alaska on Saturday while they were on a family vacation. The U.S. Coast Guard searched throughout the weekend for the family but suspended its search mission on Sunday evening after finding no sign of the missing four.

Bajaj Consumer Care Ltd.(up 5.38%), Patanjali Foods Ltd.(up 4.42%), Jyothy Labs Ltd.(up 3.85%), Nakoda Group Of Industries Ltd.(up 3.57%), Vadilal Industries Ltd.(up 2.70%), Tasty Bite Eatables Ltd.(up 2.42%), Sheetal Cool Products Ltd.(up 2.13%), Emami Ltd.(up 1.97%), Umang Dairies Ltd.(up 1.93%) and Britannia Industries Ltd.(up 1.90%) were among the top gainers.

Benchmark NSE Nifty closed 662.11 points down at 24055.6 amid selling in frontline bluechip counters.

Nakoda Group Of Industries Ltd.(up 2.13%), Marico Ltd.(up 1.48%), Dabur India Ltd.(up 1.03%), Hindustan Unilever Ltd.(up 0.87%), Euro India Fresh Foods Ltd.(up 0.72%), Nestle India Ltd.(up 0.64%), Honasa Consumer Ltd.(up 0.36%), Godrej Consumer Products Ltd.(up 0.21%) and Colgate-Palmolive(India)Ltd.(up 0.09%) stood among the top gainers.

Pokarna Ltd.(up 5.93%) stood among the top gainers.

The NSE Nifty index ended the session 662.11 points down at 24055.6, while BSE Sensex fell 2222.55 points to 78759.4.

Domestic benchmark index NSE Nifty ended 662.11 points down at 24055.6, while the BSE Sensex closed 2222.55 points down at 78759.4.

Neueon Towers Ltd.(up 5.01%), Power and Instrumentation(Gujarat)Ltd.(up 1.99%), Energy Development Company Ltd.(up 0.94%) and Indowind Energy Ltd.(up 0.68%) stood among the top gainers.

Benchmark NSE Nifty index fell 456.21 points to 24261.5 amid selling in frontline bluechip stocks.

KCP Sugar & Industries Corporation Ltd.(up 1.91%), Kothari Sugars & Chemicals Ltd.(up 0.31%), Rajshree Sugars & Chemicals Ltd.(up 0.25%), Rana Sugars Ltd.(up 0.17%) and Simbhaoli Sugars Ltd.(up 0.04%) stood among the top gainers.

₹27.5 lakh annually) by 2030. This has meant a growing emphasis on growth driven by premiumization. However, there is also significant potential to enhance market penetration overall by prioritizing product affordability to expand both the scale and quality of consumption.

The NSE Nifty index was trading 194.71 points up at 24600.8, while BSE Sensex was up 554.04 points at 80593.84 at the time of writing this report.