Nestle India Ltd fell for a fifth straight session today. The stock is quoting at Rs 21700, down 0.37% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.82% on the day, quoting at 18137.05. The Sensex is at 61381.88, down 0.89%.Nestle India Ltd has added around 5.03% in last one month.Meanwhile, Nifty Financial Services index of which Nestle India Ltd is a constituent, has increased around 6.04% in last one month and is currently quoting at 49406.1, down 0.12% on the day. The volume in the stock stood at 40042 shares today, compared to the daily average of 83806 shares in last one month.
The benchmark May futures contract for the stock is quoting at Rs 21701.05, down 0.44% on the day. Nestle India Ltd jumped 32.77% in last one year as compared to a 11.68% rally in NIFTY and a 29.9% spurt in the Nifty Financial Services index.
The PE of the stock is 82.63 based on TTM earnings ending March 23.