17 Oct 2025 | 5 Mins Read
Nestle India stock rises on strong sales
Flipitmoney
Nestle India shares rose 2.5% in opening trade, extending yesterday's gain, after Q2 FY26 results surpassed expectations with 10.6% revenue growth & 10.8% domestic sales growth. The company's net profit declined 23.6% to Rs 753.2 crore, driven by double-digit volume gains from key brands Maggi, KitKat, and Nescafe. CLSA and HSBC have a bullish outlook, while Morgan Stanley has an underweight call.