Nestle SA to separate its water brands into standalone business in 2025
Tue, Nov 19, 2024 7:07 PM

Nestle SA to separate its water brands into standalone business in 2025

A Flip by Avya Verma
Get it on Google Play
Nestle SA has decided to separate it waters and premium beverages brands into a global standalone business from January 2025, the company informed investors and analysts at the Capital Markets Day on November 19.Presenting a plan to accelerate growth, Nestle SA said the global giant said it will step up the advertising and marketing spend to 9% of sales by the end of 2025.

More great flips

Turnaround Story for Agni Green Power Ltd stock!

Turnaround Story for Agni Green Power Ltd stock!

Today the start of today’s trading session, Agni Green Power Ltd opened at Rs 33.20 per share, compared to yesterday’s closing price of Rs 33.35 per share on the NSE. Finally, the shares closed at around Rs 34.80 per share on the NSE. The current market capitalization stands at Rs 67.98 crore. The company’s shares have delivered an impressive return of around 40 per cent in the past year.

Open Flip
Patels Airtemp (India) settle disclosure violation case with Sebi

Patels Airtemp (India) settle disclosure violation case with Sebi

Patels Airtemp (India) on Tuesday settled a case with capital markets regulator Sebi related to an alleged violation of disclosure rules by paying a settlement amount of Rs 28.53 lakh. Heavy machinery company Patels Airtemp (India) is a BSE-listed entity. The order came after Patels Airtemp proposed to settle the instant proceedings, without admitting or denying the findings of facts.

Open Flip
Multibagger textile stock hit upper circuit: Padam Cotton Yarns Ltd

Multibagger textile stock hit upper circuit: Padam Cotton Yarns Ltd

On Tuesday, shares of Padam Cotton Yarns Ltd hit a 2 per cent to Rs 213.30 per share from its previous closing of Rs 209.19 per share. The stock also made a new 52-week high of Rs 213.30 per share while its 52-week low is Rs 32.02 per share. The company has a market cap of Rs 101 crore and stock gave multibagger returns of 566 per cent from its 52-week low of Rs 32.02 per share.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon