Nestle India To Consider 1st-Ever Bonus Shares, Rs 10 Dividend Coming In July; How Traders Should Act?

Nestle India is a significant player in the Indian food market, providing a broad range of product lines through popular brands including NESCAFÉ, MAGGI, MILKYBAR, KIT KAT, BAR-ONE, MILKMAID, and NESTEA. The FMCG behemoth will be the center of attention as the company recently announced that its Board of Directors would meet next week to discuss and propose bonus shares for the first time in Nestlé India's history. In addition, the stock is paying a Rs 10 dividend that will be payable in July. Check complete details below in addition to the trading strategy by the analysts.

Nestle India Bonus Shares

"This is to inform you that a meeting of the Board of Directors of the Company is scheduled to be held on Thursday, 26th June 2025, to inter-alia consider and approve the proposal for issue of bonus shares, subject to requisite approvals. In view of the above event, the Trading Window for dealing in the securities of the Company shall remain closed from 19th June 2025 to 28th June 2025 (both days inclusive)," said Nestle India in a regulatory filing on 19th June.

Nestle India Upcoming Dividend

"The Board of Directors has recommended final dividend of Rs 10.00 per equity share of face value of Rs 1.00 each for the financial year 2024-25 that is proposed to be paid on and from 24th July 2025, subject to the approval of the members at the 66th AGM. The record date fixed for determining the entitlement of the members to the final dividend is 4th July 2025. For information of the members, during the financial year 2024-25, two Interim Dividends of Rs 2.75 and Rs 14.25 per equity share of face value of Rs 1.00 each were paid on and from 6th August 2024 and 27th February 2025, respectively," Nestle India mentioned in its annual report for FY25.

The company's total dividend for the financial year, including the proposed final dividend, amounts to Rs 27.00 per equity share, leading to a total dividend payout of Rs 26,032.3 million for the year.

Nestle India Share Price Target 1

Hardik Matalia - Derivative Analyst at Choice Broking said "NESTLEIND is currently trading around ₹2,347 and has been consolidating in a range after witnessing a bounce from its lower levels. The stock is now approaching its key support zones, where a potential reversal could emerge. However, the ongoing price action remains muted, with no strong directional momentum yet."

"If the stock shows any reversal confirmation from current levels, short-term traders can consider buying opportunities for a move towards its recent highs, which lie near the upper boundary of the ongoing sideways consolidation range. For any fresh bullish breakout to be confirmed, the stock must deliver a sustainable move above the ₹2,500 mark, which would signal improved momentum and renewed buying interest," the analyst added.

"The Relative Strength Index (RSI) is currently placed around 43.80, indicating some early signs of a possible reversal. However, a clear signal through price action is essential before taking directional trades, as the momentum still lacks conviction. Technically, NESTLEIND is hovering close to its long-term EMA, while trading below its short-term and medium-term EMAs-highlighting a lack of short-term strength and keeping the trend cautiously neutral," Hardik Matalia stated.

"Short-term traders may look for bounce opportunities from current support levels or wait for a confirmed breakout above the resistance zone for a stronger entry. On the other hand, long-term investors can consider partial accumulation at current levels and look to add more on dips, with a staggered buying strategy to manage risk effectively," the analyst guided.

"On the downside, a decisive breach below the ₹2,280 support level could invite extended selling pressure and drag the stock back toward its previous swing lows. Overall, the outlook remains neutral-to-cautious in the short term, with the price action around the ₹2,280 support and ₹2,500 resistance expected to guide the next directional move," Hardik Matalia further recommended.

Nestle India Target Price 2

"Nestle India is trading sideways after a recent pullback. The stock has support near ₹2,300, and holding above this level keeps the medium-term structure stable. Resistance lies at ₹2,400, and a close above that could trigger a rally toward ₹2,460. Momentum indicators are currently neutral, suggesting consolidation. Traders may wait for a breakout above ₹2,400 for confirmation, or accumulate near ₹2,320-₹2,330 with a stop-loss below ₹2,290," commented Riyank Arora, technical analyst at Mehta Equities Ltd.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.