Sale of product has grown to Rs.52544 from Rs.45836 last quarter and Rs.48084 last year same quarter. Total income has grown to 52675 from 46004 last quarter and 48642 last year sale quarter.
Nestle represent FMCG sector, though HUL result were not impressive in Q4, it seems like nestle has gained some market share also since big gains shown muted performance.
- Share of Nestle training at EPS of 31. We need to wait and watch if this result will impact the price of stock.
- Currently Nestle 20 DMA is above 90 DMA showing strength in Chart for now.
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