Nestle India is currently trading at Rs. 6210.60, up by 36.10 points or 0.58% from its previous closing of Rs. 6174.50 on the BSE.
The scrip opened at Rs. 6188.00 and has touched a high and low of Rs. 6230.00 and Rs. 6169.00 respectively. So far 339 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 7390.00 on 29-Jul-2016 and a 52 week low of Rs. 5010.00 on 16-Mar-2016.
Last one week high and low of the scrip stood at Rs. 6400.25 and Rs. 6150.00 respectively. The current market cap of the company is Rs. 59710.25 crore.
The promoters holding in the company stood at 62.76%, while Institutions and Non-Institutions held 20.03% and 17.20% respectively.
Nestle India in association with MAMTA Health Institute for Mother and Child, a national non-for-profit organization, has launched Project Jagriti in Nagpur to create awareness about nutrition and the benefits of breastfeeding to positively impact health at key life stages. The objective of this initiative is to accelerate the uptake of health services by improving continuum of care on health, nutrition and hygiene practices amongst adolescents, young couples and care givers.
As part of this initiative, MAMTA will be implementing Project Jagriti in slums of Nagpur urban catering to a population of 2,00,000. These slums are located at Ashi Nagar Zone, Mangalwari Zone and Satranjipura zone. The launch is part of the Nestle-MAMTA partnership since 2014 in 15 districts and 8 states of India which aims to positively impact 4.5 lakh beneficiaries over a period of 3 years.
Nestle India is a subsidiary of Nestle S.A. of Switzerland. With eight factories and a large number of co-packers, Nestle India is a vibrant company that provides consumers in India with products of global standards and is committed to long-term sustainable growth.