InCred slashes Nestle India target to ₹1,375

InCred slashes Nestle India target to ₹1,375 — InCred has reduced its price target for Nestle India to ₹1,375, citing elevated valuations and slowing volume growth. The move reflects reduced near-term growth expectations despite strong brand equity. This follows recent underperformance in stock price.

📊 STOCKS: NESTLEINDIA | 🏢 SECTOR: FMCG | #MEDIUMIMPACT #BrokerDowngrade