Nestle India Ltd fell for a fifth straight session today. The stock is quoting at Rs 2224.3, down 0.68% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.2% on the day, quoting at 23555.2. The Sensex is at 77841.19, down 0.28%.Nestle India Ltd has gained around 0.2% in last one month.Meanwhile, Nifty FMCG index of which Nestle India Ltd is a constituent, has eased around 3.17% in last one month and is currently quoting at 55841.8, down 1.22% on the day. The volume in the stock stood at 3.47 lakh shares today, compared to the daily average of 8.99 lakh shares in last one month.
The benchmark February futures contract for the stock is quoting at Rs 2234.9, up 0.22% on the day. Nestle India Ltd tumbled 8.2% in last one year as compared to a 8.46% rally in NIFTY and a 2.83% spurt in the Nifty FMCG index.
The PE of the stock is 68.95 based on TTM earnings ending December 24.