Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
10463.80
Change Change %
69.45 0.67%

Updated:15 Nov, 2018, 15:52 PM IST

BSE
10447.00
Change Change %
61.05 0.59%

Updated:15 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
CLSA
N/A
08-06-2015 Sell 5675.00 4900.00
N/A
Closed Custom
08-06-2016

CLSA maintains sell on Nestle

Target price of Rs 4,900 per share is based on FY17 earnings. CLSA cuts CY15-17 earnings per share estimates by 20-25 per cent. Indian authorities are not impressed by Nestle's explanation. Temporary damage to the brand is done. See recovery to be gradual even after the resolution.

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