Nestle India Ltd is down for a fifth straight session today. The stock is quoting at Rs 2488.65, down 0.54% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 0.4% on the day, quoting at 25026.3. The Sensex is at 81710.5, down 0.32%.Nestle India Ltd has lost around 2.39% in last one month.Meanwhile, Nifty FMCG index of which Nestle India Ltd is a constituent, has eased around 3.34% in last one month and is currently quoting at 62372.3, up 0.1% on the day. The volume in the stock stood at 3.53 lakh shares today, compared to the daily average of 11.5 lakh shares in last one month.
The benchmark October futures contract for the stock is quoting at Rs 2491.6, down 0.53% on the day. Nestle India Ltd jumped 7.69% in last one year as compared to a 26.83% rally in NIFTY and a 19.15% spurt in the Nifty FMCG index.
The PE of the stock is 74.54 based on TTM earnings ending June 24.