Page 8 - Britannia Industries

Top headlines: India may get 1st vaccine by Feb, FMCGs expand rural reach

India is likely to issue an emergency use authorisation to at least one Covid vaccine by the end of January and health workers will be the first to be inoculated. More headlines in our evening roundup

MARKET WRAP: Indices rise for 3rd day, Sensex up 113 pts; IT stocks advance

All that happened in the markets today

Britannia declines 5% as Q2 revenue slightly misses analysts' expectations

Total revenue from operations climbed 12.15 per cent to Rs 3,419.11 crore during the quarter under review.

Britannia Q2 profit rises 23% to Rs 495 cr; rebenue up 12% to Rs 3,419 cr

Total expenses were at Rs 2,822.02 crore, up 7.80 per cent from Rs 2,617.64 crore earlier

MARKET WRAP: Sensex surges 449 points on buying in financial, FMCG counters

All that happened in the markets today

Britannia trades nearly 1% higher ahead of Q2 nos; here's what to expect

Analysts at Edelweiss Securities estimate Britannia's revenue, EBITDA and net profit to jump 15 per cent, 31.8 per and 23.8 per cent year-on-year (YoY), respectively.

MARKET WRAP: HDFC twins lift indices; Sensex up 601 pts, Nifty tops 11,650

All that happened in the markets today

FMCG major Britannia to issue bonus debentures and payment of dividend

Britannia on Monday said its board has approved issuing bonus debentures and payment of dividend to reward its shareholders in such difficult and unprecedented times due to coronavirus pandemic

Packaged food firms may witness growth rebound soon, say analysts

While reports of slower sales growth in August pulled down share prices on Monday, analysts say medium term outlook remains healthy

Britannia Industries settles case with Sebi, pays over Rs 46 lakh

Britannia Industries has paid over Rs 46 lakh to Sebi to settle a case of alleged failure to carry out due diligence before giving effect to transmission of shares and issuance of demand draft

Stock picks by Prabhudas Lilladher: Buy Britannia, IOL Chemicals

Britannia's stock has shown signs of bottoming out

Stock picks by Ajit Mishra of Religare Broking: Buy Britannia Ind, Dabur

After a sharp dip in March 2020, Britannia Industries has recovered almost vertically and made a new record high at Rs 4,010 in July 2020

Britannia Industries to invest Rs 300 crore in UP plant, says govt

Project expected to create jobs for 1,500 people; company seeks tax sops from govt

Britannia to pump in Rs 700 crore in 2.5 years, says MD Varun Berry

The domestic biscuits market is estimated to have grown between 15-17 per cent in Q1, led by in-home consumption in urban areas and migrants making their way back to the countryside.

Britannia plans capex of Rs 700 cr; bullish on rural demand due to Covid-19

The rural demand remained stable during the coronavirus outbreak and the company will focus more on its core products, its managing director Varun Berry said

Britannia Q1 pre-tax profit jumps 88% to Rs 737 cr, revenue rises 26%

The company's volume growth for the period underreview stood at 22 per cent, higher than analysts' expectations of 17-20 per cent.

Britannia: Corrections may be good entry points for long-term investors

Focus on rural markets and high-margin products boosts performance

Britannia Q1 pre-tax profit jumps 88% to Rs 737 cr, revenue up 26%

Firm attributes encouraging show to its nimble culture, which helped it quickly adapt to the Covid-19 situation and meet market demand

Sensex surges 548 points amid broad-based buying; Nifty ends above 10,900

All that happened in the markets today

Britannia Industries posts 118% jump in Q1FY21 net profit at Rs 543 crore

The company's total revenue came in at Rs 3,420.67 crore, up 26.67 per cent against Rs 2,700.35 crore in the corresponding quarter of the previous fiscal.