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HomeINVESTMENTTotal Dividend Of ₹242 Given; Now Again Dividend Announced; Do You Have...

Total Dividend Of ₹242 Given; Now Again Dividend Announced; Do You Have This Share?

Nestle India Ltd (NSE: NESTLEIND): This company is Nestle India Ltd. The company has announced an interim dividend. The company has announced the third dividend for the year 2024. The stock has gained momentum after the news. 

Let us tell you that the third dividend has been announced for the year 2024. In February, a dividend of Rs 7 was given and in July a dividend of Rs 8.5 was given.

Nestle India Ltd had earlier given a total dividend of Rs 242 in the year 2023. At the same time, the dividend has been announced for the third time in the year 2024. 

This time the company has given an interim dividend of Rs 2.75 per share. The company says that July 16 is the record date. Only those who have shares in their account till this date will get the dividend.

After the news, the stock has gained momentum. The stock opened at Rs 2,574.15 against the closing price of Rs 2,574.15.

After this, the day’s low came down to Rs 2,561.45. But after the news of the dividend, the share crossed the price of Rs 2600.

Nestle India Ltd Stock Performance

Current Price₹ 2,603
52-wk High₹ 2,771 
52-wk Low₹ 2,145
5 Days Return1.21%
1 Month Return2.03%

Key Fundamentals Parameters

Market Cap₹ 2,51,038 Cr.
Stock P/E64.0
Book Value₹ 34.6
Dividend0.60 %
ROCE169 %
ROE135 %
Face Value₹ 1.00
P/B Value75.1
OPM23.8 %
EPS₹ 40.8
Debt₹ 345 Cr.
Debt to Equity0.10

Nestle India Ltd Shareholding Pattern

Promoters Holding
Mar 202362.76%
June 202362.76%
Sept 202362.76%
Dec 202362.76%
Mar 202462.76%
FII Holding
Mar 202312.06%
Jun 202312.38%
Sep 202312.10%
Dec 202312.09%
Mar 202412.10%
DII Holding
Mar 20239.19%
Jun 20239.05%
Sep 20239.32%
Dec 20239.16%
Mar 20249.00%
Hot Stocks Alert Join
Public Holding
Mar 202315.99%
Jun 202315.82%
Sep 202315.81%
Dec 202315.98%
Mar 202416.14%

Nestle India Ltd Share: Last 5 Years’ Financial Condition

Last 5 Years’ Sales:

2020₹ 13,350 Cr
2021₹ 14,741 Cr
2022₹ 16,897 Cr
2023₹ 19,126 Cr
2024₹ 24,394 Cr

Last 5 Years’ Net Profit:

2020₹ 2,082 Cr
2021₹ 2,118 Cr
2022₹ 2,391 Cr
2023₹ 2,999 Cr
2024₹ 3,933 Cr

Conclusion

This article provides a detail guide about Nestle India Ltd share.

The information and forecasts provided result from the analysis of our research team, the company’s basics and history, experience and various technical analyses. 

Also, we’ve talked in depth about the shares’ prospects and growth possibilities.

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If you have additional questions, feel free to leave a comment below. We’ll be more than happy to address all of your questions.

Disclaimer: The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. 

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