Nestle India Ltd is up for a fifth straight session today. The stock is quoting at Rs 2256.1, up 0.34% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.02% on the day, quoting at 22463.9. The Sensex is at 73977.58, down 0.19%. Nestle India Ltd has gained around 2.84% in last one month.
Meanwhile, Nifty FMCG index of which Nestle India Ltd is a constituent, has gained around 3.07% in last one month and is currently quoting at 52006.4, up 0.15% on the day. The volume in the stock stood at 2.85 lakh shares today, compared to the daily average of 7.41 lakh shares in last one month.
The benchmark March futures contract for the stock is quoting at Rs 2259, up 0.1% on the day. Nestle India Ltd is down 12.9% in last one year as compared to a 0.57% jump in NIFTY and a 2.89% jump in the Nifty FMCG index.
The PE of the stock is 69.08 based on TTM earnings ending December 24.