Page 11 - Britannia Industries

Britannia Industries posts 32.9% increase in Q2 net profit at Rs 402.73 cr

Net sales were up 5.88 per cent to Rs 3,022.91 crore during the quarter under review as against Rs 2,854.81 crore of the corresponding quarter previous fiscal.

Little hope of volume recovery in second quarter from pricey FMCG firms

Analysts estimate low single-digit volume growth, the lowest since June 2017 quarter; companies will need to clock double-digit volume growth in second half to touch FY19 levels

Tech view: Time to be bullish on consumption stks ahead of festive season?

With festival season round-the-corner, companies are hoping for a pick-up in the overall consumption, which along with the cut in corporation tax, would aid earnings growth over the next few quarters

Nifty view and trading ideas by HDFC Securities: Buy Britannia, Finolex Ind

Here are the technical recommendations by Vinay Rajani, Technical & Derivatives Analyst, HDFC Securities.

Derivative strategy from HDFC Securities: Buy Britannia September Futures

Views on derivative call by Nandish Shah, Senior Technical & Derivative Analyst, HDFC securities.

Top trading ideas by CapitalVia : Buy BPCL, Sell Britannia Futures

Technical Calls by Gaurav Garg, Head of Research at CapitalVia Global Research Limited- Investment Advisor

Britannia Industries stock rises 6.2% as investors cheered growth plans

Intra-day, Britannia's stock price rose as much as 7.5 per cent, closing trade at Rs 2,678.8 a share

Britannia to increase prices 'marginally', optimise cost to beat slowdown

The FMCG major said slowdown had been witnessed in the last five to six months and the period till January would 'not be easy'

Britannia to scale up milk sourcing across India, boost dairy business

The company has 25-30 milk centres in Maharashtra that collect up to 25,000 litres of milk daily

Britannia's margin cookie crumbles in Q1 as inflationary pressure weighs

Inflationary pressure and competitive intensity could impact the profitability of biscuitmaker

For Britannia Industries, slowdown an opportunity to increase market share

Britannia to opt for four per cent price hike in a select portfolio and pack sizes to mitigate rising input costs

Britannia Industries Q1 net profit declines 3.64% to Rs 248.64 cr

During the quarter, the company also posted an exceptional expense of Rs 15.61 cr on account of voluntary retirement cost incurred in one of its subsidiaries

Britannia denies speculation over resignation of its MD Varun Berry

Britannia termed the speculations as 'false' as well as 'incorrect and baseless'

Britannia broke listing rules by not reporting Ness Wadia arrest: InGovern

Britannia Industries violated listing regulations by not reporting the arrest of its promoter and director, says proxy advisory and corporate governance firm.

Investors hammer Britannia Industries stock on loans to group firms

Company disclosed on Thursday it had lent Rs 675 crore to associate firms

Britannia Industries may dislodge HPCL or Bharti Infratel from Nifty

Shares of Britannia rose 1.7 per cent on Wednesday, even as the benchmark indices slipped more than a per cent

Britannia board to split stock in 1:2 ratio to make it more affordable

Britannia has authorised share capital of Rs 500 million of 250 million shares

We want categories outside biscuits to grow: Britannia MD Varun Berry

There is going to be inflation so far as wheat is concerned and we will probably be going for a 3-4% price increase starting Q4 across categories on an average

100-year gift: Britannia to issue bonus debentures of Rs 7.2 billion

Firm to launch 50 products with a refreshed logo and split stock

Britannia launches its biggest greenfield plant in Assam, invests Rs 1.7 bn

This is the third Britannia plant to be set up in Assam to serve the growing biscuit market in the northeast