Buy Nestle India, target Rs 8,450: Manas Jaiswal

Buy Nestle India Ltd. at a price target of Rs 8450.0 and a stop loss at Rs 7950 from entry point.

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Time period given by the analyst is 'Intra Day' when Nestle India price can reach defined target.
Manas Jaiswal of manasjaiswal.com has a buy call on Nestle India with a target price of Rs 8,450.

The current market price of Nestle India is Rs 8,083.85.

Time period given by the analyst is 'Intra Day' when Nestle India price can reach defined target.


Manas Jaiswal recommended keeping a stop loss at Rs 7,950.
Nestle India, incorporated in the year 1959, is a Large Cap company (having a market cap of Rs 77,941.02 Crore) operating in Food Processing sector.

The company’s top management includes Dr.Rakesh Mohan, Dr.Swati A Piramal, Mr.Ashok Kumar Mahindra, Mr.Martin Roemkens, Mr.Rajya Vardhan Kanoria, Mr.Ravinder Narain, Mr.Shobinder Duggal, Mr.Suresh Narayanan, Ms.Rama Bijapurkar.

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Company has A F Ferguson & Co. as its auditors.
As on 31-12-2017, the company has a total of 96,415,716 shares outstanding.
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