The scrip opened at Rs. 5236.80 and has touched a high and low of Rs. 5329.00 and Rs. 5201.00 respectively. So far 985 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5350.00 on 04-Jun-2013 and a 52 week low of Rs. 4305.55 on 27-Sep-2012.
Last one week high and low of the scrip stood at Rs. 5265.00 and Rs. 5120.00 respectively. The current market cap of the company is Rs. 50714.67 crore.
The promoters holding in the company stood at 62.76% while Institutions and Non-Institutions held 18.77% and 18.47% respectively. Nestle is likely to introduce its premium chocolate brand Alpino in India, in order to take on Italian brand Ferrero Rocher and Cadbury's Toblerone in the country. This new brand is quite similar with Ferrero in terms of packaging and shape and will also be priced similar to Ferrero at Rs 30 for a pack with two chocolate balls.
The company has reported marginal 1.22% rise in net profit of Rs 279.09 crore for the quarter ended March 31, 2013, as compared to Rs 275.73 crore for the same quarter in the previous year. Total income from operation of the company has increased by 10.05% at Rs 2268.08 crore for quarter under review, as compared to Rs 2061.04 crore for the quarter ended March 31, 2012.
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