Nestle India share price finishes at ₹1,351 after 2.61% decline on September 24

Key Takeaways

• Nestle India closed at ₹1,351, down ₹36.20 or 2.61%, only ₹1 above the session low of ₹1,350.
• The closing price remained below the 50-day, 100-day and 200-day moving averages, with the 200-day DMA nearest at ₹1,370.10.
• Six-month and one-year returns were almost identical at 15.79% and 15.63%, even as one-month and three-month performance stayed negative.

Nestle India share price ended September 24 at ₹1,351, down ₹36.20 or 2.61%. The previous close was ₹1,387. The stock opened at ₹1,356, rose to ₹1,386 and fell to ₹1,350. The ₹36 intraday range left the closing price just ₹1 above the low and ₹35 below the session high.

Volume stood at 825,652 shares. Market capitalisation was ₹260,515 crore. The closing price was only ₹5 below the opening level, but its position within the broader daily range was firmly toward the lower boundary.

All three moving averages were above the finish. The 50-day DMA stood at ₹1,428, or ₹77 above the close. The 100-day DMA was ₹1,415.80, a ₹64.80 difference. The 200-day DMA was closest at ₹1,370.10, leaving a gap of ₹19.10. The shortest and longest averages were ₹57.90 apart.

Nestle India’s 52-week range ran from ₹1,145 to ₹1,553. At the September 24 close, the stock was ₹206 above the annual low and ₹202 below the annual high. Those distances differed by only ₹4, putting the closing price almost equally spaced between the two displayed annual extremes.

Returns showed a different pattern by horizon. One month was -8.54% and three months -2.96%. Six months stood at 15.79%, while one year was 15.63%. The two longer periods were nearly identical, separated by just 0.16 percentage point.

The 200-day DMA was the closest moving-average level, ₹19.10 above the final price. The daily low was far nearer, just ₹1 below. At the annual level, the close was almost centred between the 52-week extremes, with ₹206 to the low and ₹202 to the high. This combination gave the stock three quite different distance relationships across daily, moving-average and annual reference points.