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Why are analysts not too happy with Nestle India?
At the current price of Rs 26,620, the stock is trading at a forward PE of 80x for FY24, having gained close to 20 percent in the past three months. The valuation is much higher as compared to other FMCG companies
India general
Piyush goyal
Nuvama institutional research
Incread research
Britannia industries
Nestle india
Maximum pessimism
Hindustan unilever
Nuvama institutional
Dabur india
Godrej consumer products
Jio financial blackrock
Abira securities
Buzzing stocks
Jio financial
Adani ports
Analyst call tracker | IT stocks cement position in Maximum Pessimism list after weak Q4 show; Adani shines on optimism score
While analysts are bearish on two-wheeler firms on rural uncertainty, they remain most optimistic on financial companies’ stocks
Tata consultancy services
Goldman sachs
Housing development finance corp
Morgan stanley
Karaikal port private limited for rs
Bajaj auto
Life insurance co
Motilal oswal financial services
Morgan stanley capital international
Tech mahindra
Though infosys
Maximum pessimism
Hero motocorp
Maximum pessimism
Adani ports
Karaikal port private limited
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