Nestle India (BOM:500790)

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Company: Nestle India (BOM:500790)
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  Nestle will continue to make newer highs

Nestle has been outperforming the benchmark indices as part of the FMCG rally on the indian bourses. The stock has been consistent in its earnings performance and shareholder value creation and is expected to lead the bull rally representing the FMCG pack. The outperformance and the significant run up in the stock is reflective of the consumption story that makes analysts and foreign fund houses bullish on India

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