Nestlé India continues its unwavering support to the communities, to setup Oxygen Plants in five hospitals near our factory locations

Mr. Suresh Narayanan, Chairman and Managing Director, Nestlé India: "In times like these, as we see the impact of the pandemic on the communities around us, it is our strong values and purpose as a company that drives us to overcome our personal suffering and heed to a societal call of duty. I am immensely proud that my team is continuing to help those communities in need during the pandemic, with initiatives that focus on safeguarding the wellbeing of people at large. We have lent a helping hand in augmenting much needed medical supplies like ventilators, masks, PPE kits, face shields, oximeters etc. We are also connecting with over 90,000 nurses and helpers across 198 hospitals in India to express our heartfelt gratitude for their selfless service to humanity by humbly sharing product hampers. Recognizing the need for oxygen support for COVID patients, my team is in the process of setting up oxygen plants in five hospitals near our factory locations in Punjab, Himachal Pradesh, Uttarakhand, Karnataka and Goa. We will continue to contribute to Akshaya Patra's COVID-19 relief operations, which has already helped serve over 2 million cooked meals. Further, till now, over 50,000 ration kits for families in need have been provided across various locations in India and we will continue to accelerate this initiative. We have received overwhelming solidarity from our colleagues globally, with Nestlé S.A also extending support in these times of need and providing oxygen concentrators directly and through International Federation of Red Cross and Red Crescent Societies. As a proud citizen of this nation and as the head of the Nestlé India family, I remain optimistic that together we shall overcome this grave health crisis."

Shares of NESTLE INDIA LTD. was last trading in BSE at Rs.17480 as compared to the previous close of Rs. 17277.1. The total number of shares traded during the day was 1872 in over 914 trades.

The stock hit an intraday high of Rs. 17550 and intraday low of 17279.25. The net turnover during the day was Rs. 32634454.

Source : Equity Bulls

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