Nestle India Ltd gained for a third straight session today. The stock is quoting at Rs 21396.95, up 1.18% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.28% on the day, quoting at 17964.8. The Sensex is at 60792.93, up 0.24%. Nestle India Ltd has added around 12.3% in last one month.
Meanwhile, Nifty Financial Services index of which Nestle India Ltd is a constituent, has added around 4.18% in last one month and is currently quoting at 47360.15, down 0.09% on the day. The volume in the stock stood at 46375 shares today, compared to the daily average of 82920 shares in last one month.
The benchmark May futures contract for the stock is quoting at Rs 21453.15, up 0.91% on the day. Nestle India Ltd is up 16.73% in last one year as compared to a 5.04% gain in NIFTY and a 23.86% gain in the Nifty Financial Services index.
The PE of the stock is 80.24 based on TTM earnings ending March 23.