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MARKET EYE-Nestle India shares fall after earnings disappoint
May 14, 2014 / 4:18 AM / 4 years ago

MARKET EYE-Nestle India shares fall after earnings disappoint

* Shares in Nestle India Ltd fall as much as 2.9 percent after the company reported lower-than-expected earnings in the January-March quarter. * “Nestle’s results were below estimates and reflected continued challenges in discretionary consumption,” brokerage Motilal Oswal said in a note dated on Tuesday.

indulal.p@thomsonreuters.com/indulal.p.thomsonreuters.com@reut ers.net

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