Pending — not yet graded
“Nomura is bullish on Nestle, forecasting double-digit volume growth and 21% YoY sales growth in Q1 FY27, sustaining momentum. Margins are expected to remain largely range-bound, supporting 23% EBITDA growth, as its raw material basket is weighted towards agricultural commodities with subdued inflation. This elevated growth is expected through H1 FY27.”
Nomura Analysis’s track record: 3 graded calls · 95% CI 6–79%
Nestle IndiaBullishCalled 27 Jun 2026
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