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Nestle Q2 Review: Profit Rises 36%, But Rich Valuations Limit Upside, Says Motilal Oswal; Check Target Price
Nestle has delivered superior growth over the last four quarters following GST 2.0, and it expects growth momentum to moderate on account of a high base, rising food inflation, and limited room for Ebitda margin expansion, which is already at 24%, highlights the brokerage.
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