16-Oct-2026 07:54:31

NESTLEINDGeneral news

GOLDMAN SACHS ON NESTLE ; NEUTRAL | TP ₹1,475 | EARLIER TP ₹1,575

• Growth moderation expected as the base effect sets in. • Nestle was a major beneficiary of GST rate cuts, driving strong growth acceleration from Q3. • Goldman Sachs cuts FY27–29 EPS estimates by ~2% to factor in slower growth.

NESTLE INDIA LIMITED

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