Thursday, December 5, 2024

Nestle India Share Price Today on 13-11-2024: Nestle India share price are down by -0.93%, Nifty down by -1.36%

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Nestle India Share Price Today on 13-11-2024: At 13 Nov 16:00 today, Nestle India shares are trading at price 2236.9, -0.93% down from the previous closing price. Sensex is trading at 77690.95, down by -1.25%. The stock has hit a high of 2254.7 and a low of 2222.05 during the day.

On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days.

The SMA values for the stock are given below :

The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at 2278.27, 2304.03, & 2317.62, whereas it has key support levels at 2238.92, 2225.33, & 2199.57.

Overall, as per Mint technical analysis, The stock is currently experiencing a strong downtrend.

The current P/E of the stock is at 67.23 & P/B is at 55.73.

The median 1-year forecasted upside in this share is at 11.85% with a target price of 2502.00.

The company has a 0.00% promoter holding, 4.28% MF holding, & 11.94% FII holding as per filings in the september quarter.

The MF holding has increased from 4.05% in june to 4.28% in the september quarter.

The FII holding has from % in to % in the quarter.

Nestle India share price down -0.93% today to trade at 2236.9 while its peers are mixed. Its peers such as Tata Consumer, Patanjali Foods, ADANI WILMAR are falling today, but its peers Britannia Industries are on the rise. Overall, benchmark indices Nifty & Sensex are down -1.36% & -1.25% each respectively.





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