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Prabhudas Lilladher Recommends Accumulate on Nestle India
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Moneycontrol•16-10-2026, 08:26
Prabhudas Lilladher Recommends Accumulate on Nestle India
- •Prabhudas Lilladher issued an accumulate rating on Nestle India in its research report.
- •The target price for Nestle India has been set at Rs 1526.
- •The research report containing this recommendation is dated October 15, 2026.
Key Questions Answered
Prabhudas Lilladher recommended an accumulate rating on Nestle India with a target price of Rs 1,526 in its research report dated October 15, 2026.
Nestle India delivered a strong quarter in 2Q27 with revenue and EBITDA growing by 20.3% and 30.5% year-over-year, respectively, while EBITDA margins expanded by 187 basis points.
Nestle India's growth strategy centers on the low penetration of instant noodles, coffee, and wafer chocolates, expanded rural distribution, traction in e-commerce, and a rising share of premium products.
