Nestle India rises Tuesday, outperforms market

Nestle India Ltd. 500790,
+0.23%
shares inched up 0.23% to 20,132.00 Indian rupees Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P BSE Sensex Index 1,
-0.17%
falling 0.17% to 61,702.29.

Nestle India Ltd. closed 921.00 rupees below its 52-week high (21,053.00 rupees), which the company reached on October 24.

The stock demonstrated a mixed performance when compared to some of its competitors Tuesday, as Heritage Foods (India) Ltd. HERITAGE FOOD,
+3.49%
rose 3.49% to 369.30 rupees and Vadilal Industries Ltd. VADILALIND,
-0.98%
Fur 0.98% to 2,739.40 rupees.

Trading volume (1,162) remained 2,818 below its 50-day average volume of 3,980.

Editor’s Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

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