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NESTLEIND — Nestle India News Story

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Preview: Nestle India rises ahead of fourth-quarter results

** Nestle India NEST.NS rises ahead of forth-quarter results

** Shares of the Indian arm of Swiss food major Nestle jump 0.8% to 1,296 rupees

** Analysts on average expect the Maggi instant noodles maker to post a 12.65% y/y jump in profit to 9.97 billion rupees ($107.06 million) - data compiled by LSEG

** Elara Securities expects Nestle to post double-digit revenue growth, largely led by volume growth in core categories and a strong Q/Q rise with margin expansion

** However, brokerage says that NEST trades at a premium to the sector, and faces growth constraints

** Investec says FMCG co's Q1 margins are at risk, given the elevated crude prices

** Of the 36 analysts tracking stock, 24 rate "hold" or lower, while 12 rate "buy" or higher

 (Reporting by Pranav Kashyap in Bengaluru)

 ((pranav.kashyap@tr.com; +919886482111;))

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