Nestle India shares jump 5% as firm records double-digit sales growth; net profit falls 24% YoY
Shares of Nestle India rose 5% to hit the day’s high of Rs 1,281 on the NSE on Thursday, October 16, after the company announced its Q2FY26 results. Investor sentiment improved as both total and domestic sales registered double-digit growth of 10.9% and 10.8%, respectively, marking a rebound after several quarters of single-digit growth. The…