The trampoline effect

Nestle's Maggi has faced a number of threats in its long life in the country. Almost all of those threats have vanished over time. The company is still recovering from the Maggi ban of 2015, while Patanjali tries its hand to take some market share away. In spite of these hits, Nestle finds itself an absolute favourite of the market, valued even higher than the king-sized HUL. The markets have a number of reasons to be so bullish about Nestle. Here are some of them: Robust revenue growth: The company reported revenue growth of 9 per cent (YoY) in the September 2017 qua