Nestle India Ltd is up for a third straight session today. The stock is quoting at Rs 20530, up 1.41% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is down around 0.06% on the day, quoting at 17695.9. The Sensex is at 59863.41, down 0.08%. Nestle India Ltd has risen around 8.41% in last one month.
Meanwhile, Nifty Financial Services index of which Nestle India Ltd is a constituent, has risen around 3.24% in last one month and is currently quoting at 46688.6, down 0.03% on the day. The volume in the stock stood at 79945 shares today, compared to the daily average of 62872 shares in last one month.
The benchmark April futures contract for the stock is quoting at Rs 20505.05, up 1.38% on the day. Nestle India Ltd is up 14.38% in last one year as compared to a 4.35% spurt in NIFTY and a 25.01% spurt in the Nifty Financial Services index.
The PE of the stock is 81.83 based on TTM earnings ending December 22.