Nestle India Share Price Today on 13-11-2024: Nestle India share price are down by -0.93%, Nifty down by -1.36%
Nestle India Share Price Today on 13-11-2024: On the last trading day, Nestle India opened at ₹2254.7 and closed at ₹2236.9. The stock reached a high of ₹2254.7 and a low of ₹2222.05 during the day. Overall, the stock experienced a slight decline from its opening price to its closing price.
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 :
| Days | Simple Moving Average |
|---|---|
| 5 | 2268.94 |
| 10 | 2270.60 |
| 20 | 2321.97 |
| 50 | 2480.73 |
| 100 | 2508.42 |
| 300 | 2511.44 |
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.
Nestle India Share Price Today
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
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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