Nestle share price up 2% as board approves bonus issue

Following this, the shares of the company were trading 1% higher at Rs 2,430 on the BSE.

This is the first-ever instance of the company issuing bonus shares to its shareholders, according to the data available on Trendlyne.

This means that the shareholders will now receive an additional share of the company for each share that they already hold in their demat account.

Nestle India has also informed that the bonus shares would be credited/dispatched to the shareholders within 2 months, which is on or before August 25, 2025.

Nestle India reported a 5.2% year-on-year (YoY) decline in standalone net profit to Rs 885 crore for the March quarter, while revenue from operations rose 4.5% YoY to Rs 5,504 crore.

The total sales and domestic sales for the quarter increased by 3.7% and 4.2%, respectively, with the company saying that the domestic sales growth was broad-based.

Over the past one year, the shares of Nestle India have declined by 4.13%.

However, it has shown strong recovery in recent periods, gaining 11.98% year-to-date (YTD), 12.97% over the last six months, and 8.30% in the past three months. In contrast, the stock slipped slightly by 0.97% over the past one month.