{"id":41227,"date":"2022-05-10T13:33:56","date_gmt":"2022-05-10T08:03:56","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=41227"},"modified":"2022-05-10T13:33:59","modified_gmt":"2022-05-10T08:03:59","slug":"multibagger-food-consumer-company-hits-52-week-low-analysts-are-bullish","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-food-consumer-company-hits-52-week-low-analysts-are-bullish\/","title":{"rendered":"Multibagger Food Consumer Company hits 52-Week low, Analysts are Bullish"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-2283514818\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The Stocks of Nestle India hit the 52-week low on Monday when its share price declined by -2.85%. Nestle India Limited is a subsidiary of Nestle, a Swiss MNC, and operates in the Food segment. It is a large-cap company with a market cap of Rs 159,246.95 Cr.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-733430389\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p>The stock is currently trading at a share price of Rs 16,512.7 with a 52-week low of Rs 16,450.40. Nestle India shares have plunged by -16.09% so far in 2022 YTD.&nbsp;<\/p><p>Nestle India manufactures products under brand names such as Nescafe, Maggi, Milkybar, Milo, Kit Kat, Bar-One, Milkmaid, Nestea, Nestle Everyday Dairy Whitener, Nestle Everyday Ghee, Nestle Milk, Nestle Slim Milk, and Nestle Dahi and many more dairy and nutrition products. As of Dec 2021, the parent company holds a 62.76% stake in the company.<\/p><p>Nestle India has been a multi-bagger stock in the long term by giving a return of 2.4x or 146.41 % in the last five years.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-1301621848\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>ICICI Direct has given a \u2018Hold\u2019 call on Nestle India with a target price of Rs 19,050. The time period given by the analyst is one year when Nestle India Ltd.&#8217;s price can reach the defined target. Geojit PNB Paribas has also provided a \u2018Hold\u2019 call on Nestle India with the target price of Rs 19,380.00.<\/p><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-3460063118\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The Stocks of Nestle India hit the 52-week low on Monday when its share price declined by -2.85%. Nestle India Limited is a subsidiary of Nestle, a Swiss MNC, and operates in the Food segment. It is a large-cap company with a market cap of Rs 159,246.95 Cr.&nbsp; The stock is currently trading at a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1513,31],"tags":[3630,3629,3238,2660,2838,2843,2659,948,936,3153,3157,3158],"class_list":["post-41227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editor-pick","category-news","tag-best-fmcg-stock","tag-fmcg-stock","tag-multi-bagger-stocks-india","tag-multibagger-stock","tag-multibagger-stocks","tag-multibagger-stocks-india","tag-multibaggers","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stock-to-watch-in-2022"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Multibagger Food Consumer Company hits 52-Week low, Analysts are Bullish<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/multibagger-food-consumer-company-hits-52-week-low-analysts-are-bullish\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger Food Consumer Company hits 52-Week low, Analysts are Bullish\" \/>\n<meta property=\"og:description\" content=\"The Stocks of Nestle India hit the 52-week low on Monday when its share price declined by -2.85%. 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