Read more about FMCG stocks slide on Business Standard. FMCG stocks were trading with losses, with the S&P BSE FMCG Sector index decreasing 91.23 points or 0.69% at 13043.61 at 13:49 IST.
The Maggi Noodles crisis in 2015 emerged as one of the biggest public relation hurdles for Nestle India, which came under fire after laboratory tests found the popular two-minute instant noodles were unsafe and hazardous for human consumption.
Daily Market Commentary - May 14, 2021 - Bonanza Portfolio equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
Nestle India Ltd is quoting at Rs 16775, up 0.34% on the day as on 12:44 IST on the NSE. The stock is down 5.77% in last one year as compared to a 60.04% jump in NIFTY and a 27.66% jump in the Nifty FMCG.
Nestle India Ltd is up for a fifth straight session today. The stock is quoting at Rs 16775, up 0.34% on the day as on 12:44 IST on the NSE. The benchmark NIFTY is up around 0.55% on the day, quoting at 14806. The Sensex is at 49159.62, up 0.43%. Nestle India Ltd has slipped around 5.17% in last one month.
Meanwhile, Nifty FMCG index of which Nestle India Ltd is a constituent, has slipped around 2.35% in last one month and is currently quoting at 34048.5, up 0.33% on the day. The volume in the stock stood at 22618 shares today, compared to the daily average of 91449 shares in last one month.
AGMs to go virtual in future, says India Inc. ANI | Updated: May 06, 2021 18:01 IST
Mumbai (Maharashtra) [India], May 6 (ANI/NewsVoir): The year 2020 saw a meteoric rise in the adoption of digital technologies across all business functions including stakeholder engagement.
As the hybrid workplace becomes a reality, India Inc. feels it is essential to embrace virtual as a virtue to fortify trust and deepen engagement with stakeholders.
Bringing together the pioneers of stakeholder engagement, Chorus Call India, a leading conferencing solutions provider, organized a first-of-its-kind virtual symposium to delve into the nuances of shareholder management in the virtual world. The event saw participation from industry stalwarts such as Suresh Narayanan, Chairman and MD at Nestle India Ltd., Mohandas Pai, Chairman, Aarin Capital and Manipal Global Education and a Padma Shree awardee, JN Gupta, Co-founder and MD, SES and former Executive Director,