Nestle India slips on inflation concerns, slower revenue growth outlook

Nestle India

15/10/2026 11:13

** Shares of Nestle India NEST.NS fall 7.8% to 1,275.80 rupees
** Steepest intraday decline in over six years since March 23, 2020
** Food processing co cites rising food inflation, input cost pressures and higher commodity costs as key challenges
** NEST says higher packaging materials cost and rise in edible oils and agricultural commodity prices could pressure margins
** Systematix Group analysts' factor slower revenue growth in coming quarters
** Co fails to meet expectations for stronger earnings beat despite 36% jump in second quarter profit
** Stock rated "hold" on avg by 35 analysts, with median PT of 1,579.50 rupees - data compiled by LSEG
** Stock up 35.57% YTD
     

 (Reporting by Anushka Rajvedi in Bengaluru)
 ((mailto: anushka.rajvedi@thomsonreuters.com))