Nes­tle In­dia Down Al­most 2% As Earn­ings Dis­ap­point

The Economic Times - - Markets + Finance -

The shares of FMCG ma­jor Nes­tle In­dia fell by al­most 2% on Wednes­day af­ter the com­pany posted a 7.14% fall in net profit for the quar­ter ended March 31. Nes­tle’s stock ended the day 1.94% lower at .` 4,757 on BSE. It fell by 2.46% to .` 4,732 in­tra-day. On NSE, the stock lost 1.94% to end at .` 4,779. Nes­tle In­dia had on Tues­day re­ported a 7.14% de­cline in net profit to .` 259.16 crore in the quar­ter.

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