Nestle India share price rises 1.65% to ₹1,384.50 on September 16

Key Takeaways

• Nestle India gained ₹22.50 or 1.65% to ₹1,384.50 after the ₹1,369 opening price also marked the day's low.
• The closing price was above the 200-day DMA but remained below the 50-day and 100-day averages.
• Six-month and one-year returns were positive at 15.16% and 14.19%, while the one-month reading remained negative.

Nestle India share price closed September 16 at ₹1,384.50, up ₹22.50 or 1.65% from the previous close of ₹1,362. The share opened at ₹1,369, also the session low, and climbed as high as ₹1,397 before giving back a portion of the rise.

The high-low range measured ₹28. Nestle finished ₹15.50 above the opening and low, while ending ₹12.50 beneath the day's high. Trading volume reached 1,702,460 shares.

The stock closed above its 200-day moving average but below the shorter measures. The 200-day DMA stood at ₹1,369.60, leaving the final price ₹14.90 higher. Its 100-day DMA was ₹1,420.70, or ₹36.20 above the close. The 50-day DMA stood at ₹1,441.70, widening that gap to ₹57.20.

Nestle India's 52-week range stretched from ₹1,145 to ₹1,553. At ₹1,384.50, the closing price was ₹239.50 above the annual low and ₹168.50 below the high. Its session peak of ₹1,397 remained ₹156 beneath the 52-week top. The full annual band covered ₹408.

Return readings improved considerably beyond one month. The one-month figure was -7.64%. Three months was slightly positive at 0.71%. Six months reached 15.16%, while the one-year return was 14.19%. Only 0.97 percentage point separated those two longer-period readings.

September 16 itself was a positive session from the opening bell onward. Nestle opened at the day's low and finished more than ₹15 higher, although it did not retain the full move to ₹1,397. Its close remained above the 200-day DMA but below the two shorter averages. The positive six-month and one-year returns also contrasted with the negative one-month figure.