Page 9 - Britannia Industries

Britannia Q1 preview: Revenue may rise up to 22% on strong volume growth

The net profit of the company is estimated to jump up to 62 per cent year-on-year (YoY) owing to lower tax rate benefit.

Nifty outlook and stock recommendations by CapitalVia Global Research

Nifty likely to face stiff resistance at 10,000 as maximum call OI is placed here. We might witness strength only if Nifty breaks level of 10,000.

Snacks vanished in lockdown but India's biscuit market was happily munching

Unibic India's chief executive officer (CEO) Srini Vudayagiri attributes the surge in growth rate in April-May to pantry loading as well as increase in in-home consumption

Covid-19 slows Britannia's total foods journey as biscuits get priority

Plans to scale up its croissants and salted snacks offerings put on backburner

Indices gain for 6th day, Nifty reclaims 10K; PSBs, realty stocks rally

All that happened in the markets today

Britannia surges 7%, hits new high as Q4 nos come in-line with expectations

The FMCG major said that after the initial hiccups, the firm coped up well and witnessed 20 per cent rise in revenues in April, and 28 per cent in May

Vodafone Idea, Britannia: Stocks of MNCs zoom up to 144% in two months

The outperformance of MNCs has seen 19 such stocks grab a spot in the top 100 list of companies by m-cap, compared to 14 firms as on Jan 20, 2020, when the benchmark indices hit their all-time high.

Britannia Industries profit before tax rises 1.6% to Rs 457 crore

The FMCG major said that after the initial hiccups, the firm coped up well and witnessed 20 per cent rise in revenues in April, and 28 per cent in May

Financials lead in Sensex's 522-pt rally; Nifty ends 153 pts up at 9,979

All that happened in the markets today

Corporation tax rate cut may save the day for Britannia in Q4, say analysts

In April, Britannia announced an interim dividend of Rs 35 per share for the financial year 2019-20.

Market Ahead, June. 1: Top factors that could guide markets this week

SGX Nifty, which is up 130 points, is indicating a stronger opening for the Indian indices today

Sebi-Wadia group firms resolve issue related to non-disclosure of arrest

Britannia Industries, the Bombay Dyeing and Manufacturing Company and the National Peroxide agreed to pay Rs 23.4 lakh as settlement charges to Sebi

Covid-19: Britannia launches WhatsApp store locator to meet consumer demand

The GPS-based chatbot publishes a list of stores near the consumer's current location, which have been recently serviced by the company

MARKETS: Sensex gains 484 pts as IT, financials rally; Nifty ends at 9,314

All that happened in the markets today

Britannia Industries jumps 10% ahead of board meet for interim dividend

Analysts at HDFC Securities say that the impact from Covid-19 on the FMCG sector will be sharper on revenues for companies in March quarter

Hindustan Unilever's valuation premium over peers hits record high

Trading at 77x, its trailing 12-month net profit against industry average of about 43x

Britannia partners with Dunzo for delivery of food essentials; stock up 10%

Customers can avail Britannia products through the Dunzo app in under an hour of ordering from the 'Britannia Essentials' store.

FMCG leaders mark down overall growth to 3% amid coronavirus outbreak

According to Nielsen, panic buying of food items and hygiene products has pushed up growth rates of food and non-food categories by 300 and 400 basis points respectively.

Norway's sovereign wealth fund raises bets on corporate bonds in India

The fund has added two new names - Adani Ports & Special Economic Zone and Britannia Industries - show the fund's latest disclosures

Britannia's Q3 PBT rises 7% to Rs 498 cr, revenue grows 5% to Rs 2,983 cr

The net profit for the period grew 23 per cent to Rs 369.88 crore on YoY basis