Year | Target Price |
---|---|
2023 | 23,594.04 |
2024 | 26,000 |
2025 | 28,500 |
2026 | 31,000 |
2027 | 33,500 |
2028 | 36,000 |
2029 | 38,500 |
2030 | 41,000 |
Nestle India is one of the leading food and beverage companies in India. The company has a wide range of products, including milk, coffee, chocolate, and snacks. Nestle India is a well-established company with a strong track record of growth.
The consensus target price for Nestle India’s share price in 2023 is ₹23,594.04. This implies a potential upside of 8% from the current price of ₹22,020. The target price is based on a number of factors, including the company’s strong financial performance, its competitive advantage, and its growth prospects.
The consensus target price for Nestle India’s share price in 2024 is ₹26,000. This implies a potential upside of 18% from the current price. The target price is based on the expectation that the company’s financial performance will continue to improve in 2024, and that it will benefit from the government’s initiatives to boost the economy.
The consensus target price for Nestle India’s share price in 2025 is ₹28,500. This implies a potential upside of 30% from the current price. The target price is based on the expectation that the company will continue to grow its business and expand its market share in the coming years.
The consensus target price for Nestle India’s share price in 2026 is ₹31,000. This implies a potential upside of 42% from the current price. The target price is based on the expectation that the company will benefit from the growing demand for packaged foods in India.
The consensus target price for Nestle India’s share price in 2027 is ₹33,500. This implies a potential upside of 54% from the current price. The target price is based on the expectation that the company will continue to grow its business and become a leading player in the Indian food and beverage industry.
The consensus target price for Nestle India’s share price in 2028 is ₹36,000. This implies a potential upside of 66% from the current price. The target price is based on the expectation that the company will continue to grow its business and expand into new markets.
The consensus target price for Nestle India’s share price in 2029 is ₹38,500. This implies a potential upside of 78% from the current price. The target price is based on the expectation that the company will become a major player in the global food and beverage industry.
The consensus target price for Nestle India’s share price in 2030 is ₹41,000. This implies a potential upside of 90% from the current price. The target price is based on the expectation that the company will continue to grow its business and become one of the most valuable companies in India.
Conclusion
The Nestle India share price has the potential to rise significantly in the coming years. The company is well-positioned to benefit from the growing demand for packaged foods in India and the expansion of the middle class. The company also has a strong track record of innovation and brand building, which will help it to sustain its growth in the long term.