Nestlé
Merger of rivals for quick growth
Anglo-Swiss and Nestlé joined hands in 1905 after intense rivalry of almost four decades, during which time both were selling versions of products the other was best known for
1 min read1 Sep 2021Businesses will have to commit to community, planet: Suresh Narayanan, chairman and managing director, Nestlé India
Climate change is one of the biggest challenges The decade will see the introduction of products with lower carbon footprint, and a move to alternative packaging.
1 min read29 Dec 2019Nestlé India’s Sensex inclusion adds to worries about its high valuations
Company’s stock rose about 37% in the past year. This has raised its valuation to 59 times one-year forward earningsAs it turns out, the Nestlé India stock has had a massive rally, rising about 37% in the past year
2 min read29 Nov 2019Nestlé India’s stock performance shows the Maggi crisis is far behind
The Maggi ban had resulted in a 17% year-on-year drop in the annual revenues in 2015 to ₹8,175 croreTo be sure, Nestlé India fared relatively well in the recently concluded June quarter clocking 11% year-on-year growth
2 min read2 Sep 2019Nestlé India serves up a profit miss as selling expenses mount in Q3
Sales have been particularly strong in prepared dishes, beverages, chocolates and milk productsThe pleasant news is that the company’s revenue growth continues to be in double digits
2 min read18 Feb 2019Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.