Nestle India shares fall after earnings disappoint

Reuters

Reuters Market Eye - 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.

(Reporting by Indulal P)

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