Nestle India Share Value In the present day on 06-11-2024: At 06 Nov 16:00 as we speak, Nestle India shares are buying and selling at worth ₹2275.5, 0.54% up from the earlier closing worth. Sensex is buying and selling at ₹80378.13, up by 1.13%. The inventory has hit a excessive of ₹2279.7 and a low of ₹2258.5 through the day.
On the technical entrance, the inventory is buying and selling above the 5 days SMA & decrease than the ten,20,50,100,300 day SMA. The inventory can have assist at 5 days SMA & face resistance at 10,20,50,100,300 days SMA
The SMA values for the inventory are given beneath :
The basic pivot stage evaluation exhibits that on a each day time-frame, the inventory has key resistances at ₹2285.08, ₹2293.22, & ₹2306.73, whereas it has key assist ranges at ₹2263.43, ₹2249.92, & ₹2241.78.
Until 4 PM as we speak, the quantity traded on NSE & BSE for Nestle India was 43.87% increased than the earlier buying and selling session. Quantity traded is a crucial indicator together with worth to review developments. Optimistic worth motion with increased quantity suggests a sustainable upmove, and unfavorable worth motion with increased quantity may be a sign of additional decline in costs.
General, as per Mint technical evaluation, The inventory is at the moment experiencing a robust downtrend.
The present P/E of the inventory is at 67.42 & P/B is at 55.88.
The median 1-year forecasted upside on this share is at 9.95% with a goal worth of ₹2502.00.
The corporate has a 0.00% promoter holding, 4.28% MF holding, & 11.94% FII holding as per filings within the september quarter.
The MF holding has elevated from 4.05% in june to 4.28% within the september quarter.
The FII holding has
Nestle India share worth has gained 0.54% as we speak to commerce at ₹2275.5 in resonance with its friends. Its friends resembling