Dolat Capital Market's research report on Nestle India
Despite the magnitude and volatility of the Covid-19 Pandemic, Nestle India (NIL) delivered good sales growth of 8% in 2020. While in-home consumption categories (~85%) demonstrated strong growth; Out-of Home business was muted due to lockdown restrictions. In its Annual Report 2020, NIL reinforced commitment to 5 P’s- Purpose, Planet, Partnerships, People and Performance; which helped the company navigate through unprecedented times.
Outlook
The company’s continuous efforts to innovate new products and categories and high success rate compared to peers is the most encouraging prospect.
For all recommendations report, click here
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