05 Apr 2025

Nestle India Gains 0.63%, Lays Foundation for New Factory in Odisha

Nestle India is currently trading at RS. 2261.40, rising by 14.25 points or 0.63% from its previous close of RS. 2247.15 on the BSE.

The stock opened at RS. 2233.10 and touched an intraday high of RS. 2282.40 and a low of RS. 2217.40. So far, 32,151 shares have been traded.

This BSE group 'A' stock, with a face value of RS. 1, registered a 52-week high of RS. 2777.00 on September 27, 2024, and a 52-week low of RS. 2115.00 on March 5, 2025. Over the past week, the scrip has seen a high of RS. 2286.35 and a low of RS. 2150.00. Nestle India’s current market capitalization stands at RS. 217841.67 crore.

The shareholding pattern reveals 62.76% held by promoters, 21.01% by institutions, and 16.22% by non-institutions.

In a major development, Nestle India has strengthened its footprint in eastern India by laying the foundation stone for its upcoming factory in Khordha, Odisha. This will be the company’s tenth manufacturing facility in the country. The plant is being established with an initial investment of around RS. 900 crore in the first phase and will focus on producing items from its prepared dishes and cooking aids segment.

Nestle India, a subsidiary of Switzerland-based Nestle S.A., is committed to delivering globally benchmarked products to Indian consumers.