Nestle India shares drop over 5% to record worst day in 3 years. Here’s why

April 18, 2024

Nestle India’s shares plunged 5.4% on Thursday to Rs 2,409.55 on BSE, following revelations of adding sugar to baby food in India but not in Europe or the UK. The health ministry expressed concern. This marked Nestle’s worst single-day drop in 3 years.

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