Nestle India stock up 1%; resumes manufacturing of Maggi noodles at HP

The company said that it has resumed manufacturing of Maggi noodles at its factory at Tahliwal in Himachal Pradesh.

Nestle India stock was up by 1% at Rs. 5910 after the company said that it has resumed manufacturing of Maggi noodles at its factory at Tahliwal in Himachal Pradesh. 

The scrip opened at Rs. 5865 and has touched a high and low of Rs. 5910 and Rs. 5863 respectively. So far 7253(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 56624.09 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7499.95 on 10-Mar-2015 and a 52 week low of Rs. 5499 on 08-Jun-2015. Last one week high and low of the scrip stood at Rs. 6150 and Rs. 5860 respectively.

The promoters holding in the company stood at 62.76 % while Institutions and Non-Institutions held 17.05 % and 20.18 % respectively.

The stock is currently trading above its 200 DMA.