MarketsMOJO upgrades Nestle India stock to Buy

Published on 10/13/2026 at 13:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue is forecast at INR 6.81 billion for October 15, 2026. Nestle India stock costs INR 1,334.00 on October 13, 2026, up 0.70 percent on NSE.

MarketsMOJO upgraded Nestle India from Hold to Buy effective October 12, 2026.
Business Standard reported Q2 FY27 revenue estimates of INR 67.65 billion to INR 68.09 billion.
Nestle India stock was last at INR 1,334.00 on October 13, 2026 at 3:28 p.m. IST, up 0.70 percent versus INR 1,324.70.
The stock's price-to-earnings ratio was 67.51 and market capitalization was INR 2.6 trillion.

Nestle India, INE239A01016, Illustration mit AI erstellt.

MarketsMOJO upgraded Nestle India from Hold to Buy effective October 12, 2026, citing its financial trends and technical indicators. The stock was last at INR 1,334.00 on NSE on October 13, 2026 at 3:28 p.m. IST, up 0.70 percent versus the prior close of INR 1,324.70.

Revenue estimates reach INR 68.09 billion

Business Standard reported on October 13, 2026, that Nestle India is scheduled to announce its second-quarter fiscal 2027 results on October 15, 2026. Broker estimates put revenue for the quarter at INR 67.65 billion to INR 68.09 billion, converted from INR 6,765 crore to INR 6,809 crore, representing year-over-year growth of 20 percent to 21 percent.

The same report placed profit estimates at INR 10.22 billion to INR 10.34 billion, converted from INR 1,022 crore to INR 1,034 crore, with year-over-year growth of 37 percent to 38 percent. Those estimates give the upcoming results a clear numerical benchmark, while the stock's recent valuation leaves less room for a miss.

Stock sits 14.10 percent below high

Nestle India traded within a 52-week range of INR 1,159.40 to INR 1,553.00 on October 13, 2026. At INR 1,334.00, the price was 14.10 percent below the 52-week high and 15.07 percent above the 52-week low.

Trading volume reached 3,242,239 shares, compared with an average volume of 1,758,780 shares. The current price therefore stood 0.70 percent above the previous NSE close, while the market's immediate reference point remains the October 15 results date.

Valuation remains a central number

MarketsMOJO's October 12, 2026 upgrade also highlighted a price-to-book ratio of 49.40 and a price-to-earnings-to-growth ratio of 2.80. Its report cited six-month net sales of INR 131.26 billion, up 23.83 percent, and profit after tax of INR 21.01 billion, up 38.20 percent, but these figures belong to the latest six-month period described in that report.

The finance figures put Nestle India's price-to-earnings ratio at 67.51 and market capitalization at INR 2.6 trillion on October 13, 2026. That valuation was higher than Britannia Industries at 44.41 and Hindustan Unilever at 29.47, making earnings delivery the key near-term market test.

Comparison with peers

Nestle India: plus 0.70 percent, price-to-earnings ratio 67.51, market capitalization INR 2.6 trillion
Britannia Industries (NSE, INR): plus 0.56 percent, price-to-earnings ratio 44.41, market capitalization INR 1.2 trillion
Hindustan Unilever (NSE, INR): plus 3.01 percent, price-to-earnings ratio 29.47, market capitalization INR 4.4 trillion

October 15 results set the next marker

The scheduled second-quarter announcement on October 15, 2026 gives investors a near-term point for comparing actual revenue and profit with the INR 67.65 billion to INR 68.09 billion revenue range and the INR 10.22 billion to INR 10.34 billion profit range. The next report will also show whether the valuation premium is supported by the expected growth profile.