Nestle India is currently trading at Rs. 6200.00, up by 5.60 points or 0.09% from its previous closing of Rs. 6194.40 on the BSE.
The scrip opened at Rs. 6199.00 and has touched a high and low of Rs. 6230.00 and Rs. 6121.05 respectively. So far 1284 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. 4990.00 on 29-Feb-2016.
Last one week high and low of the scrip stood at Rs. 6252.85 and Rs. 5957.20 respectively. The current market cap of the company is Rs. 59480.78 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 reported 8.67% fall in net profit at Rs 167.31 crore for the quarter ended December 31, 2016, as compared to Rs 183.19 crore for the same quarter in the previous year. However, total income of the company increased by 17.11% at Rs 2326.70 crore for the quarter under review as compared Rs 1986.73 crore for the corresponding quarter previous year.
For the full year ended December 31, 2016, the company has reported 64.49% rise in its net profit Rs 926.54 crore for the year ended December 31, 2016, as compared to Rs 563.27 crore in the previous year. Total income of the company increased by 13.13% at Rs 9373.19 crore for the year under review as compared Rs 8285.40 crore in the previous year.
Results for the quarter and full year ended December 31, 2016 are not entirely comparable with the results of the corresponding period/s due to MAGGI Noodles issue in 2015 and rebuild of the MAGGI Noodles business in 2016.