Nestle’s mcap jumps Rs 8,218 cr

New Delhi: Shares of Nestle India Ltd on Thursday jumped nearly four per cent after the company reported an increase of 37.28 per cent in net profit for the third quarter ended September 30. The stock ended at Rs24,122 apiece, up 3.66 per cent on the BSE. During the day, it rallied 4.12 per cent to reach its 52-week high of Rs24,228.75. It was the biggest gainer among the 30-share BSE Sensex firms. On the NSE, it jumped 3.51 per cent to settle at Rs24,080 per piece. The company’s market valuation also climbed Rs8,218 crore to Rs2,32,573.99 crore.