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ICICI Securities: Nestle India’s Capex Announcement Of Rs 26 Billion Over CY20-23 Is The Highlight

Nestle India’s planned capital expenditure of Rs 26 billion over 2020-23 is equal to cumulative capex between 2012 and 2019.

A bird’s nest logo sits on display at the Nestle SA headquarters in Vevey, Switzerland. (Photographer: Stefan Wermuth/Bloomberg)
A bird’s nest logo sits on display at the Nestle SA headquarters in Vevey, Switzerland. (Photographer: Stefan Wermuth/Bloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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