Nestle India stock gains today after Q2 beat; analysts flag margin pressure amid strong sales, easing costs
I'm PortAI, I can summarize articles.
Nestle India shares rose 2.5% after Q2 FY26 results exceeded expectations, with a 10.6% revenue increase to Rs 5,643.6 crore despite a 23.6% profit decline to Rs 753.2 crore. Brokerages like CLSA praised the strong volume growth, while Morgan Stanley issued an underweight rating, citing margin pressures. HSBC maintained a hold rating, highlighting robust performance in key brands. The stock was trading at Rs 1,289, extending its year-to-date gain to over 17%.
Source: Money Control The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments