Nestle India gained 4 per cent to Rs 12,397, and surpassed its previous high of Rs 12,266, recorded on August 9
Affordable pricing, contemporary designs and efficient supply chain keep cash registers ringing
Revenue from operations for quarter under review rose 30 per cent YoY to Rs 767 crore, as against a revenue of Rs 591 crore clocked in the corresponding quarter of the previous fiscal
Inditex Trent posted a jump of 21% in sales to Rs 1,023 cr in FY17 compared to Rs 842.5 cr in FY16
Trent had two years ago announced plans to go global, especially West Asia and Africa
The joint venture with UK's Tesco has lent Tata group's retail venture an edge in terms of operational efficiency and reduced its capital requirement
With 151 stores under Westside, Landmark and Star, the retailer has stepped up the pace of expansions and sharpened its focus on private labels
Westside will contribute to sales growth; lower losses at Star Bazaar will improve consolidated profit
Since June 28, the stock outperformed the market by surging 53% as compared to 7.5% rise in the Sensex.
The stock hit a new high of Rs 2,274, rallied 18% from Rs 1,922 since August 22, as compared to 1.8% rise in Sensex.
Foreign portfolio investors held 25.7 per cent in Trent as of June 2016, showed the data on BSE
The board has approved stock split of equity shares of Rs 10/- each into ten shares of Re 1 each