Nestle Financial News

KCP Sugar & Industries Corporation Ltd.(up 2.82%), Bajaj Hindusthan Sugar Ltd.(up 1.94%), EID Parry(India)Ltd.(up 1.58%), Rajshree Sugars & Chemicals Ltd.(up 1.33%), Triveni Engineering & Industries Ltd.(up 0.95%), Kothari Sugars & Chemicals Ltd.(up 0.91%), Avadh Sugar & Energy Ltd.(up 0.87%), Balrampur Chini Mills Ltd.(up 0.64%), DCM Shriram Industries Ltd.(up 0.61%) and KM Sugar Mills Ltd.(up 0.58%) were among the top gainers.

«So, if you see what we build up for the domestic business, the 5% volume growth and overall, the 9% top line growth for the company, but again the numbers are not pretty well for the company and also as I said earlier that the volatility in the raw material prices, especially in the cocoa and the coffee prices,» says Preeyam Tolia, Axis Securities. What is your first outlook coming in for Nestle India? The numbers they seem to be below estimates, at least for ET Now poll. Preeyam Tolia: Yes, the numbers are below our estimate as well in terms of the top line as well as on the margins front. So, please note that there is inflation in the raw material prices which has also impacted margins. At the same time, the volumes have not picked up as per the anticipation. So, the numbers are pretty weak for Q1.

RBL Bank, Adani Green, Nestle, Tech Mahindra, L&T, VST Industries among others will be in focus due to various news developments and first quarter results. Adani Green, Nestle, DLF, Tech Mahindra, Canara Bank Shares of Adani Green, Nestle, DLF, Tech Mahindra and Canara Bank will be in focus as the companies will announce their first quarter results today.

«The recovery noticed from today's low will be evident only post the monthly expiry on Thursday. At the same time, the ongoing Q1 results, which till date is muted, will decide the near-term trend,» said Vinod Nair, Head of Research, Geojit Financial Services

Bajaj Hindusthan Sugar Ltd.(up 6.50%), Sakthi Sugars Ltd.(up 6.16%), Triveni Engineering & Industries Ltd.(up 5.65%), KCP Sugar & Industries Corporation Ltd.(up 5.59%), Simbhaoli Sugars Ltd.(up 4.98%), Magadh Sugar & Energy Ltd.(up 4.93%), Ugar Sugar Works Ltd.(up 4.88%), Rajshree Sugars & Chemicals Ltd.(up 4.43%), Shree Renuka Sugars Ltd.(up 4.15%) and EID Parry(India)Ltd.(up 3.32%) stood among the top gainers.

Heritage Foods Ltd.(up 5.00%), ADF Foods Ltd.(up 4.49%), Varun Beverages Ltd.(up 4.09%), Zydus Wellness Ltd.(up 4.05%), Umang Dairies Ltd.(up 3.32%), Bajaj Consumer Care Ltd.(up 2.40%), Mrs. Bectors Food Specialities Ltd.(up 2.36%), Patanjali Foods Ltd.(up 2.36%), Gillette India Ltd.(up 1.98%) and Bikaji Foods International Ltd.(up 1.92%) stood among the top gainers.

Union Budget, Indian benchmark equity indices opened marginally lower on Wednesday, weighed down by index heavyweights Reliance Industries, banking, and financial stocks. The BSE Sensex was trading 37 points, or 0.05%, lower at 80,396. The Nifty50 was down 28 points, or 0.11%, trading at 24,451 around 9:20 am.

Aries Agro Ltd.(up 2.22%) and Sikko Industries Ltd.(up 1.04%) were among the top gainers.

EID Parry(India)Ltd.(up 0.19%) and Balrampur Chini Mills Ltd.(up 0.12%) were among the top gainers.

Ocean Vista boasts a unique feature: unobstructed sea views from every floor, a signature offering exclusively by Rustomjee. This prominent attribute sets Ocean Vista apart in a market where spacious 4-bedroom seaside apartments are rare. Rustomjee leads the way among developers addressing this niche, offering 32 luxury 4-bedroom apartments with carpet sizes ranging from 2394 to 2521 square feet, providing luxurious beachfront living with unmatched privacy, and exclusivity.

Companies like CDSL, IDBI Bank, IDFC, and Nestle India, among others, have declared dividends for eligible shareholders, with the record date set as July 16. Today is the last day to buy shares of these companies to qualify for the announced dividends.

viral video circulating on social media shows temple staff tossing shoes and slippers off a hillside to drive home the importance of respecting temple rules. Nestled atop a hill, the Bhadraj Temple is a picturesque marble shrine dedicated to Lord Bal Bhadra, also known as Balram. Located approximately 12 km from Mussoorie in Uttarakhand, the temple is accessible via a short trek. While it attracts devotees for prayer, the temple is also a popular spot for tourists seeking stunning views of the Doon Valley. The viral video, shared by Instagram user Sooraj Dogra, depicts a temple worker methodically picking up footwear and throwing it over a guardrail into the valley below. This dramatic action aims to enforce the temple's strict no-footwear policy.

Rail Vikas Nigam (RVNL) and Indian Railway Finance Corporation (IRFC) rallied 15.5% and 9% to their new all-time highs of Rs 567 and Rs 206 respectively on BSE in Monday's trade ahead of the Union Budget, where the focus is likely to be on infrastructure investment. The sentiment around RVNL also remains positive as in the last week, the company signed a Memorandum of Understanding (MoU) with Delhi Metro Rail Corporation (DMRC) for participation in upcoming projects in India and abroad.

Hatsun Agro Products Ltd.(up 5.48%), Euro India Fresh Foods Ltd.(up 2.50%), ADF Foods Ltd.(up 2.15%), JHS Svendgaard Laboratories Ltd.(up 1.98%), Hindustan Foods Ltd.(up 1.95%), Dodla Dairy Ltd.(up 1.82%), Nakoda Group Of Industries Ltd.(up 1.22%), Mrs. Bectors Food Specialities Ltd.(up 1.21%), Bikaji Foods International Ltd.(up 0.91%) and Parag Milk Foods Ltd.(up 0.79%) were among the top gainers.

The NSE Nifty index traded 27.45 points down at 24296.4, while BSE Sensex was down 119.56 points at 79877.04 as of 10:14AM(IST)on July 08.

The NSE Nifty index was trading 17.75 points down at 24306.1, while BSE Sensex was down 81.06 points at 79915.54 at the time of writing this report.

Rashtriya Chemicals & Fertilizers Ltd.(up 11.99%), National Fertilizers Ltd.(up 9.86%), The Fertilisers and Chemicals Travancore Ltd.(up 9.23%), Madras Fertilizers Ltd.(up 8.58%), Paradeep Phosphates Ltd.(up 8.36%), Aries Agro Ltd.(up 8.19%), Khaitan Chemicals & Fertilizers Ltd.(up 6.52%), Gujarat State Fertilizer & Chemicals Ltd.(up 5.85%), Zuari Agro Chemicals Ltd.(up 5.32%) and Southern Petrochemicals Industries Corporation Ltd.(up 4.47%) stood among the top gainers.

Swiss food giant Nestle is targeting stable growth in sales volumes from the second quarter throughout the remainder of the year as cost inflation eases, its CEO told Swiss weekend paper «Schweiz am Wochenende» on Saturday. «From the second quarter and for the rest of the year, we can expect a stable, positive contribution to growth from volume and product mix,» Markus Schneider was quoted as saying by the newspaper.

ITC Ltd has overtaken Britannia Industries for the first time to become the second largest listed packaged foods company by sales in India, behind Nestle. ITC's foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands such as Aashirvaad atta, Bingo potato chips and Sunfeast biscuits in the segment said in its latest annual report. This comprised both domestic sales and exports. At Britannia, consolidated sales were ?16,769.2 crore, while total income, including from outside its core foods business, was Rs 16,983.4 crore.

Top Gainers: Reliance Industries (up 2.31%), Tata Motors (up 1.86%), Asian Paints (up 1.31%), Nestle India (up 0.98%), Wipro (up 0.82%)Top Losers: Indusind Bank (down 2.61%), Axis Bank (down 2.05%), Bharti Airtel (down 1.80%), ICICI Bank (down 1.60%), Kotak Mahindra Bank (down 1.41%)Top Gainers: Dr Reddys Laboratories (up 2.67%), Oil & Natural Gas Corporation (up 2.50%), Reliance Industries (up 2.28%), SBI Life Insurance Company (up 1.95%), Tata Motors (up 1.82%)Top Losers: Indusind Bank (down 2.55%), Bharti Airtel (down 2.15%), Axis Bank (down 1.84%), ICICI Bank (down 1.66%), Kotak Mahindra Bank (down 1.53%)Top Gainers: Persistent Systems, Steel Authority Of India, MRF, Petronet LNG, Godrej PropertiesTop Losers: Polycab India, Vodafone Idea, Cummins India, GMR Airports Infrastructure, Page IndustriesTop Gainers: CEAT, IIFL Finance, Praj Industries, Mahanagar Gas, Gujarat Narmada Valley Fertilisers & ChemicalsTop Losers: Crompton Greaves Consumer Electricals, PVR Inox, Nippon Life, BLS International Services, CIE Automotive IndiaTop Gainers: CEAT (up 8.76%), Bombay Burmah Trading Corporation (up 7.78%), IIFL Finance (up 7.69%), Praj Industries (up 7.32%), Mahanagar Gas (up 7.02%)Top Losers: Clara Industries (down 6.12%), Samvardhana Motherson International (down 4.11%), Godfrey Phillips India (down 3.95%), Polycab India (down 3.63%), Avenue Supermarts (down 3.55%)Top Gainers: CEAT (up 8.57%), IIFL Finance (up 7.87%), Bombay Burmah Trading Corporation (up 7.40%), Praj Industries (up 7.35%), Mahanagar Gas (up 6.22%)Top Losers: Samvardhana Motherson International (down 4.15%), Godfrey Phillips India (down 4.11%), Avenue Supermarts (down 3.74%), Polycab India (down 3.57%), Vodafone Idea (down 3.40%):Milestone Alert! Livemint

Patanjali Foods Ltd.(up 2.49%), Umang Dairies Ltd.(up 2.44%), Jyothy Labs Ltd.(up 1.93%), Dodla Dairy Ltd.(up 1.73%), Emami Ltd.(up 1.63%), Tasty Bite Eatables Ltd.(up 1.54%), LT Foods Ltd.(up 1.51%), Bajaj Consumer Care Ltd.(up 1.43%), Godrej Consumer Products Ltd.(up 1.20%) and Nestle India Ltd.(up 1.16%) were among the top gainers.