Abhyuday01

Royalty to PARENT Co. rejected.

NSE:NESTLEIND   NESTLE INDIA
After many controversies and findings in the product, NESTLEIND is at an interesting level. Shareholders have rejected the proposal to increase the royalty to parent company. This means company will have more funds available for equity shareholders. Since the split, we have seen some volatility. What next from here for the stock? Will there be any action and prices will fall suddenly, how it happened with Kotak Mahindra Bank or stock manage to move out and get back to the growth path?
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