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Nestle India Ltd

HSL Code: NESIND | BSE Code: 500790 | NSE Symbol: NESTLEIND | ISIN: INE239A01016

5,080.00

30.60(0.61%)

19 Jun 2013 | 15:44

Prev Close (Rs.)

5,049.40

Open (Rs.)

5,078.90

High (Rs.)

5,100.00

Low (Rs.)

5,056.65

Volume

537

Week Avg. Volume

1,421

52Wk High - Low Range

4305.55

5350

Nestle earnings below estimate. Stock Target price at Rs 4,420 15 May | 12:42 PM
Nestle 1QCY13 revenues missed estimates as volumes continue to remain under pressure. However, EBITDA margin surprised with 129bps YoY jump on account of lower other expenses and COGS. APAT grew 8.7% YoY to Rs 3bn led by higher depreciation and interest expense.

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