Tuesday, 22 December 2015

Nestle stock price | Nestle India gears up to launch more Maggi variants

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A month after Nestle India relaunched Maggi noodles in the Indian market, the company today said it will launch other variants of the brand such as oats noodles and cup noodles in 3-4 months.  

The company relaunched Maggi masala noodles on November 9, five months after it was banned by the FSSAI following a Bombay High Court order.

Nestle Stock Price  On December 22, 2015, at 09:50 hrs Nestle India was quoting at Rs 5696.80, up Rs 16.95, or 0.30 percent. The 52-week high of the share was Rs 7499.95 and the 52-week low was Rs 5499.00.  

The company's trailing 12-month (TTM) EPS was at Rs 73.27 per share as per the quarter ended September 2015. The stock's price-to-earnings (P/E) ratio was 77.75. The latest book value of the company is Rs 294.27 per share. At current value, the price-to-book value of the company is 19.36.
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