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https://www.moneycontrol.com/news/business/stocks/expensive-deal-nestle-gains-as-d-st-eyes-addition-of-chings-to-its-basket-10339891.html
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Nestle gains on buzz of Ching's joining its noodle basket, analysts warn of ‘expensive deal’ - Moneycontrol
3/31/23 at 7:57am
Organization
Moneycontrol
Author
Shailaja Mohapatra
Details
48 words
Summarize
Food
Business & Industrial
Ching
Nestle
noodle basket
market leadership
Ching
Moneycontrol
Maggi
valuation concerns
The addition of the iconic Ching's brand to Maggi-maker Nestle India's basket will be a further boost to its market leadership, believe analysts but some have valuation concerns.
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