Good time and money with Nestle India Ltd

-
Nestle India Ltd is one of the biggest players in the FMCG sector of the country dominating the noodle and hot beverage categories of products followed by the largest segment i.e.., Milk products and Nutrition with 44% sales share. Also the company has been outperforming the industry and significantly growing over years by providing constant profits.
The company’s Q4 profit surged by 38% to Rs.473 crore which shows the performance of the company and its revenue generating products have been successful throughout the years in capturing the market. The following Ichimoku cloud indicator shows the bullish trend of the stock in the market that is displayed through the formation of green cloud. The conversion line is above the base line during the green cloud, while the lagging line’s candlestick is also bullish, indicating a strong buy signal for the stock.
 

Despite of going red for consecutive three trading sessions, the trend for the stock has not changed as the market sentiments remain unaltered after the economic slowdown or Coranavirus which would not affect the stock in the long-run. The volume traded during the bearish trend are shown by the Swing trend displaying that the shares were sold in a large quantity.
The following chart shows the upward trend of the stock over the years and the returns that it has generated from August 2019 till date. The share price has increased by Rs.3200-3220 from 18/8/19 to 28/2/20 as the trend of the stock remained bullish throughout. The Bollinger bands also shows an upward trend in the share price of the company despite of the decline in price. The company’s share is one of the stabilized and high-performing of the sector because of its reputation and presence in the market.

Comments

Post a Comment

Popular posts from this blog

WHAT'S IT LIKE TO LIVE IN THE HOSTELS OF CHRIST LAVASA?

-
Image
“From holding the keys for the first time and being nervous to stepping into a doorway of comfort, the hostel rooms are home here.” Life at CHRIST Hostel, Lavasa is beyond the norms of what people perceive as the regular hostel experience. With a unique setup, the Lavasa hostels offer a new-age lifestyle along with security. Students who live in the hostel experience a life less ordinary for several reasons: A diverse community The rooms here are not of the dormitory nature but are in the form of apartments and villas. Students get to interact with people of multiple ethnicities and varied cultural backgrounds while availing themselves of personal space. This not only widens their cultural horizon but helps everyone accept each other, get exposure to different traditions, and have a chance to find their true tribe in this city. “ Truly, North meets South and East meets West here at home. ” Form of independence For most students, the college hostel is the first experience of being alone
Read more

PANEL DISCUSSION ON LEADERSHIP & ENTREPRENEURSHIP DEVELOPMENT SKILLS

-
Image
The School of Commerce, Finance and Accountancy organized a "Panel Discussion on Leadership and Entrepreneurship Development Skill " on 4th March 2022 at 1:30 PM at CHRIST (Deemed to be University), Pune Lavasa Campus.   Ms Ayushi Chandna student of 6 BCom (Financial Analytics) commenced the session with silent prayer & briefed about the Panel Discussion. This was followed by an introduction about the resource persons by Ms Pretty Rose Sebastian & Mr Shreeyash Goel, Students of 6 BCom (Financial Analytics). The Head of the Department, Dr Vandana Bhagat addressed the session and welcomed the Resource persons. The Session Moderator Dr Jayant Mahajan started with setting the context about the Panel Discussion with his collective years of experience and expertise in the field, Then the First Resource Person Mr Rajiv Chelladurai discussed the Leading Self, Emotional Intelligence, Relationship Builder, Continuous learner and the Problem Solver. The students were asked quest
Read more

INTERNATIONAL CONFERENCE ON DATA SCIENCE, COMPUTATION AND SECURITY - IDSCS’22

-
Image
The Third International Conference on Data Science, Computation and Security (IDSCS-22) hosted by CHRIST (Deemed to be University), Pune Lavasa Campus in association with Springer from 11th to 12th February 2022. The conference was conducted online with participants from all across the globe. The conference commenced with the inauguration ceremony at 9:30 AM. Dr Pooja Batra was the Emcee for the occasion and began with the Lighting of the Lamp, followed by a prayer song performed by the students of CHRIST (Deemed to be University), Pune Lavasa Campus. Dr Samiksha Shukla welcomed the Chief Guest, Guest of Honor, Vice-Chancellor and the keynote speakers for the day and summarized forthcoming events of IDSCS'22. Dr Fr Jossy P George, the Dean and Director of the University, addressed the honourable delegates and introduced the Chief Guest to the participants. This was followed by the presidential address by the Vice-Chancellor, Dr Fr Abraham VM. In his address, he mentioned the signif
Read more