Nestle India set for steepest monthly rise in more than a decade after robust Q4

Nestle India

30/04/2026 07:57

** Nestle India's NEST.NS NSE-listed shares rise 24.75% in April, on course for biggest monthly uptick since at least 2010

** Gains follow co's strong Q4 results; profit up 26%, revenue rises 23% year-on-year

** Quarterly revenue of 67.48 billion rupees ($708.64 million) marks firm's highest domestic sales and strongest growth in nearly a decade

** ICICI Direct says rural expansion and e-commerce growth to boost penetration, supporting volume and revenue growth in the upcoming quarters; adds better mix and efficiencies to lift EBITDA margins by FY28

** Motilal Oswal says Nestle's brand investments, wider distribution and capacity expansion are cumulatively driving strong performance

** 15 of 36 brokerages rate the stock "buy" or higher, 14 "hold" and 7 "sell"; their median PT is 1,440 rupees

** YTD, stock up 11.7% vs 7.6% fall in the BSE Fast Moving Consumer Goods Index .BSESCGIP

($1 = 95.2250 Indian rupees)

 (Reporting by Abhinav Parmar in Bengaluru)

 ((Abhinav.Parmar@thomsonreuters.com;))