Shares of Nestle India jumped over 5 percent intraday on Monday after its popular noodles brand cleared tests conducted by Central Food Technological Research Institute (CFTRI). CFTRI has given a clean chit to Nestle's Maggi after tests under Supreme Court directive.
“CFTRI has submitted analysis reports on Maggi noodles to the Supreme Court. We have been provided with a copy of the reports. We are happy that all 29 samples tested by CFTRI are clear,” Nestle India said in a statement.
The reports state that lead levels for all samples are within permissible limits, it added. “All 29 samples of Maggi Noodles,( the initial 13 and subsequent 16 samples), were collected by the relevant authorities following due process and then directly submitted to CFTRI,” Nestle India said.
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