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Nestle Shares News

14 Apr 2016

Nestle first quarter growth beats expectations, volumes pick up

Food group Nestle confirmed its full-year outlook on Thursday after first-quarter underlying sales growth of 3.9 percent beat expectations, driven mostly by growth in volumes rather than pricing.

06 Aug 2015

Nestle dips 5% as FSSAI trashes all-clear reports to Maggi

Shares of Nestle India plunged over 5 percent Thursday after the food safety watchdog FSSAI said it has not given any clean chit to the company's banned Maggi noodles, while rubbishing all-clear reports from two of its empanelled labs citing lapses in tests.

05 Aug 2015

Nestle shares end 8% higher after FSSAI lab finds Maggi safe

Shares of Nestle India ended the day with nearly 8 percent gains as the FSSAI-approved laboratory of Central Food Technological Research Institute (CFTRI) found Maggi noodles in compliance with the country's food safety standards.

24 Jul 2015

Nestle India MD Etienne Benet steps down, Suresh Narayan to replace him

Amidst the ongoing controversy regarding safety of instant noodles Maggi in India, Nestle India Managing Director Etienne Benet on Friday stepped down.

17 Jul 2015

Maggi ban: Govt labs not equipped to conduct lead test, says Nestle

Swiss giant Nestle urged the Bombay HC to struck down its order on ban of Maggi noodles stating that the government labs are not equipped to conduct lead test.

16 Jun 2015

Nestle shares reel under regulatory pressure, down 3%

The stock ended the day 2.79 percent lower at Rs 5,782.85 on the BSE. During the day, it had lost 3.33 percent to Rs 5,750.

16 Jun 2015

Nestle shares reel under regulatory pressure, down 3%

Shares of Nestle India slipped almost 3 percent Tuesday as the company starts destroying Maggi noodles worth Rs 320 crore after it was banned by food safety regulator FSSAI due to presence of lead and taste enhancer monosodium glutamate beyond permissible limits.

15 Jun 2015

Nestle shares down as HC refuses to stay ban on Maggi

The stock ended 2.14 percent lower at Rs 5,948.65 on BSE. During the day, it fell by 3 percent to Rs 5,896. At the NSE, it slipped 2.17 percent to Rs 5,955.05.

08 Jun 2015

Nestle shares continue to slide; down nearly 8%

Continuing to fall for the fourth straight session Monday, shares of Nestle India tumbled nearly 8 percent following more trouble for the company over the Maggi noodles row.

04 Jun 2015

Nestle shares continue to fall; down 3% on Maggi row

On the NSE, the stock ended with a loss of 2.94 percent at Rs 6,004.45.

03 Jun 2015

Nestle stock hit by Maggi row, sinks 9%

After falling 11.86 percent to Rs 6,000 in intra-day trade, shares of Nestle finally settled at Rs 6,191.10, down 9.05 percent from its previous close on the BSE. On the NSE, it tanked 9 percent to end at Rs 6,186.95.

15 May 2015

Nestle Q1 profit up 23% to Rs 320.28 crore

Shares of Nestle today closed at Rs 7,012.80 per share on BSE, up 2.68 percent from previous close.

16 Oct 2014

Nestle`s nine-month sales plunge 3.1%, shares fall

The world`s leading food industry group Nestle on Thursday posted slumping nine-month sales, blaming the strength of the Swiss franc, as its stock price plunged.

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