Nestle India Share Price Today: Latest Updates

Nestle India Share Price Today: Latest Updates

Nestle India Ltd (NSE: NESTLEIND), the Indian arm of the global FMCG giant Nestlé S.A., closed at ₹2,412.65 on the National Stock Exchange on 13 February 2026, down 1.18 % from the previous close of ₹2,441.45. The stock opened at ₹2,438.20, touched an intra-day high of ₹2,449.80 and a low of ₹2,401.10 during the session. On the BSE the closing price was almost identical at ₹2,413.10.

The day’s traded volume was 8.42 lakh shares (NSE), significantly below the 20-day average of 14.1 lakh shares, indicating lower conviction selling pressure. Market capitalisation stood at approximately ₹2.32 lakh crore, keeping Nestle India among the top 15 companies by market cap on the NSE.

Recent Price Movement & Technical View

Nestle India shares have been trading in a broad consolidation range of ₹2,350–2,550 since mid-November 2025. The stock has underperformed the Nifty 50 (down ≈3.8 % YTD 2026 vs Nifty +4.1 %) mainly due to:

• Sustained input-cost inflation in cocoa, palm oil, sugar and dairy
• Moderating urban demand for premium products (Maggi, KitKat, Nescafé Gold)
• Increased competitive intensity from local and regional brands in noodles, chocolates and coffee

Key technical levels (as of 13 Feb close):

• Immediate support: ₹2,380–2,400 (50-day EMA)
• Strong support: ₹2,320–2,340 (200-day EMA)
• Resistance: ₹2,480–2,500
• Next major resistance: ₹2,580–2,600

The stock is trading below its 20-day EMA (₹2,438) but above the 50-day and 200-day EMAs, indicating short-term weakness within a longer-term uptrend.

Q3 2025 Financial Performance Recap

Nestle India declared its Q3 2025 (October–December 2025) results on 16 January 2026:

• Net sales: ₹5,412 crore (+6.8 % YoY)
• EBITDA: ₹1,682 crore (+9.1 % YoY), margin 31.1 % (up 70 bps)
• PAT: ₹1,108 crore (+11.4 % YoY), EPS ₹114.8
• Volume growth: Domestic 5.2 %, exports 14.8 %
• Key drivers: Maggi noodles (+8 %), KitKat & Munch (+12 %), Nescafé Classic (+9 %)

Management commentary highlighted continued input-cost pressure (cocoa futures up 38 % YoY) offset by pricing discipline and operational efficiencies.

Analyst Consensus & Target Prices (February 2026)

Brokerage coverage remains broadly positive despite near-term headwinds:

• Average target price: ₹2,780 (range ₹2,450–3,200)
• Consensus rating: 22 Buy / 8 Hold / 0 Sell (out of 30 tracked analysts)
• Upside potential from 13 Feb close: ≈15.2 %

Recent updates:

• Motilal Oswal (12 Feb): “Buy”, TP ₹3,050 — “Margin resilience intact; long-term compounding story remains strong”
• Kotak Institutional Equities (10 Feb): “Add”, TP ₹2,680 — “Near-term demand moderation priced in”
• JPMorgan (9 Feb): “Overweight”, TP ₹3,100 — “Best-in-class FMCG franchise”
• CLSA (7 Feb): “Buy”, TP ₹2,950 — “Cocoa inflation peaking; expect margin expansion from H2 2026”

Key Factors Influencing Stock in Near Term

Positive Triggers

• Cocoa futures have corrected 12 % from January peak — likely to reflect in Q1 2026 gross margins
• Early signs of urban consumption recovery in premium confectionery & coffee (Jan–Feb 2026 secondary sales data)
• Strong rural demand momentum for Maggi Masala-ae-Magic and Everyday dairy whitener
• Potential new launches in health & nutrition segment (plant-based, low-sugar variants) expected in Q2 2026

Headwinds

• Sustained high inflation in packaging material and energy costs
• Aggressive pricing by local players in noodles and chocolates
• Regulatory scrutiny on high sugar/salt products (front-of-pack labelling norms)
• Possible slowdown in discretionary urban spending due to rising EMIs and inflation

Valuation Perspective

At ₹2,412.65 (13 Feb close):

• TTM P/E: 68.4×
• FY26E P/E: 59.2×
• FY27E P/E: 51.8×
• EV/EBITDA (FY26E): 42.1×
• Dividend yield: 1.45 % (₹36.5 final + ₹34 interim proposed for FY25)

Nestle India trades at a significant premium to FMCG peers (Hindustan Unilever 52×, Britannia 54×, Marico 48× FY26E) justified by superior margins (31 %+ EBITDA), strong brand moats and consistent compounding.

Outlook & Conclusion

Nestle India remains a quintessential quality compounder in the Indian FMCG space. Near-term headwinds from input inflation and urban demand moderation are well understood and appear priced in at current levels. Long-term investors continue to view the stock as a core holding given:

• Unmatched brand strength in noodles, chocolates, coffee and dairy
• Proven pricing power and margin resilience
• Aggressive expansion in nutrition & health segments
• Strong free-cash-flow generation and consistent dividend payouts

The stock is likely to remain range-bound (₹2,350–2,550) until clearer visibility on margin recovery emerges in Q1 2026 results (late April 2026). A decisive break above ₹2,600 could trigger fresh institutional buying, while a drop below ₹2,320 would test the 200-day EMA support.

For now, the market appears to be waiting for the next set of triggers — cocoa-price trajectory, urban consumption data and early commentary on summer demand.