30 Sep 2025 | 3 Mins Read
Nestle India target price raised to Rs 1300 by Motilal Oswal
Flipitmoney
Nestle India is witnessing sequential growth improvement with company efforts and macro improvement, boosted by GST rate reductions from 3QFY26. Over 85% of portfolio benefits from GST 2.0, but transition is slow due to old inventory. The stock is valued at 68x/58x FY26E/FY27E EPS, prompting a Neutral rating with a target of INR1,300.