
Stock: Nestle India
Research House: Nuvama
Advice: Buy
Stock Price (As of 11 February 2025): Rs 2,208.55
1-year target price: Rs 2,845
Potential Upside: 23.7%
Comments: Maintain ‘buy’ due to its largest market share in the coffee segment, high urban resilience, rising popularity of price value packs, strong performance of the e-commerce channel and ongoing capacity expansion.