Nestle India is currently trading at Rs. 5366.00, up by 75.40 points or 1.43% from its previous closing of Rs. 5290.60 on the BSE.
The scrip opened at Rs. 5361.00 and has touched a high and low of Rs. 5585.00 and Rs. 5326.65 respectively. So far 12308 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5864.85 on 18-Jul-2013 and a 52 week low of Rs. 4410.00 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs. 5445.00 and Rs. 5210.00 respectively. The current market cap of the company is Rs. 51723.66 crore.
The promoters holding in the company stood at 62.76 % while Institutions and Non-Institutions held 18.93 % and 18.31 % respectively.
Nestle is planning to invest up-to $1 billion to hike stake in its Indian arm -- Nestle India. In this regard, the company is looking to appoint bankers to finalise contours. The company may also opt for voluntary open offer for hiking stake.
The parent company currently holds 62% stake in Nestle India and it has window to hike stake by up-to 13%.
Nestle India has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe and many more.
The scrip opened at Rs. 5361.00 and has touched a high and low of Rs. 5585.00 and Rs. 5326.65 respectively. So far 12308 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 5864.85 on 18-Jul-2013 and a 52 week low of Rs. 4410.00 on 28-Mar-2013.
Last one week high and low of the scrip stood at Rs. 5445.00 and Rs. 5210.00 respectively. The current market cap of the company is Rs. 51723.66 crore.
The promoters holding in the company stood at 62.76 % while Institutions and Non-Institutions held 18.93 % and 18.31 % respectively.
Nestle is planning to invest up-to $1 billion to hike stake in its Indian arm -- Nestle India. In this regard, the company is looking to appoint bankers to finalise contours. The company may also opt for voluntary open offer for hiking stake.
The parent company currently holds 62% stake in Nestle India and it has window to hike stake by up-to 13%.
Nestle India has its presence in India for around nine decades, making it one of the oldest company in India. Nestle has created brands like Nestle Milkmaid, Nestle Everyday, Maggi Noodles, Maggi Soups, Polo, Kit Kat, Nescafe and many more.
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