NSE: NESTLEIND Share Price Financial Analysis & Valuation

Nestle India Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. NESTLEIND is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

Nestle India Ltd. is good enough to Outperformed the market. NESTLEIND gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Nestle India Ltd. is also traded in Future & Options (Derivative segment of NSE).

Nestle India Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. NESTLEIND is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Nestle India Ltd. has declared an equity dividend of Rs 0 per share. At the current share price of NESTLEIND at Rs 2456.10, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:NESTLEIND, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NESTLEIND underlying value and future prospects. All of this data is available in NESTLEIND financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:NESTLEIND, it is clearly understood that NESTLEIND is Economical performer in terms of earnings and profit margins with an EPS of 33.15. NSE:NESTLEIND book value per share as of today is 29.63. The current price to book ratio for NESTLEIND as of May 03, 2024 is 82.89.

Valuation of the Stock: The current valuation of NESTLEIND stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NESTLEIND whether to BUY this stock at current valuation. The delivery percentage of NESTLEIND is 47.67% is very crucial parameter which shows that 47.67% investors are anticipating that the price of NESTLEIND share should go up with VWAP at 2466.45.

Now, the main question is whether to BUY or SELL, NSE:NESTLEIND at current valuation.
As per latest Analysis No. #1695:-

⇑ STRONG BUY NESTLEIND if All Greens

⇗ BUY NESTLEIND (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD NESTLEIND (With Stop Loss) if only 1 Green

⇘ SELL NESTLEIND if NO Green Indicator

NSE: NESTLEIND Share Price Today (May 03, 2024)

(Nestle India Ltd. Daily Analysis on the basis of NESTLEIND Intraday Graph & Trend)

Nestle India Ltd. share price moved Down by -2.24% from its previous close of Rs 2512.3. NESTLEIND stock last traded price is 2456.10. NESTLEIND share price trend is Down with a total of 1128730 stocks traded till now. It has touched an intraday high of Rs 2523.05 and an intraday low of Rs 2436.25. The NESTLEIND trading at 2456.10, Down by Rs. -56.20, or -2.24 percent which suggests that most of the Traders are anticipating that the price of NESTLEIND share should go Down.

NSE: NESTLEIND Share Price Tomorrow Prediction

(Nestle India Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NESTLEIND)

Nestle India Ltd. share price moved Down by -2.24%. NESTLEIND share price short term trend is Down. It suggests that NESTLEIND Share Price for Tomorrow remains the same with VWAP at 2466.45 will be treated as stop loss for intraday traders. Nestle India Ltd. Long term investors can follow the NESTLEIND long term trend as mentiond in future forecast table.

NSE:NESTLEIND News & Other Useful Information about NESTLEIND Share Price

Peer Comparison of NSE: NESTLEIND

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Food Processing