News > Nestle India shares slump after report claims excess sugar found in its baby foods
Nestle India shares slump after report claims excess sugar found in its baby foods
18/04/2024 05:08 PM | Click to read full article
At intraday, the shares of Nestle India went low at Rs 2,410. The investigation done by Public Eye, a Swiss investigative organisation reveals that despite stringent guidelines by the WHO banning added sugars in baby food products, Nestle's baby food product Cerelac has been found to contain an average of nearly 3 grams of sugar per serving in India. Government sources said, "FSSAI is examining the report - will be placed before the scientific panel."