Britannia Industries
Britannia, IRCTC to Gems & Jewellery Stocks - here are top Buzzing Stocks today
Mon, Aug 02, 2021
Domestic markets continued the uptrend and were trading around 0.50% higher on Monday at 1:14 pm. BSE Sensex was trading 351.82 points higher at 52,938.66. The Nifty 50 index was trading 114.15 points higher at 15,877.20. Here is a list of few stocks that were in action in either direction based on reports linked to them
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Britannia Industries share price: Sharekhan recommends Buy with an unchanged price target of Rs 4200
Fri, Feb 26, 2021
Britannia Industries has underperformed broader indices in the last one year, clocking a 13% absolute return versus the Nifty’s 34% and the Nifty Consumption index’s 26%. The stock is currently trading at 35x its FY2023E EPS, which is at a stark discount to some large consumer goods stocks such HUL and Nestle India (which trade at 40x and 55x, respectively).
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Britannia Share price: Sharekhan maintains Buy rating with an unchanged price target of Rs 4200
Tue, Feb 09, 2021
Britannia Industries' Q3 FY21 results were mixed, with revenues growing in mid-single digits, while a strong 249 bps rise in OPM drove up PAT by 23%. Revenue grew by 6.1% yoy to Rs 3166 cr (lower than our expectation of Rs 3259 cr). Domestic volumes grew by 4-5% as against ours and the street’s expectation of 6-8%. The general trade and rural markets are growing ahead of pre-COVID levels, while urban markets are recovering.
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Stocks in Focus on June 3: ICICI Bank, Britannia Industries, Adani Power to Vedanta; here are expected newsmakers of the day
Wed, Jun 03, 2020
Stocks in Focus on June 3: Britannia Industries, Adani Power, Vedanta, IndiGo, Lupin, etc. are expected newsmakers throughout the intraday trade session.
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Britannia Industries Q4 result tomorrow: Double-digit Profit & Revenue growth expected
Tue, Apr 30, 2019
Britannia Industries Q4 result: This growth will be backed by the cost of the raw materials like Palm Fatty Acid Distillate (PFAD) that are used in manufacturing the products, which went down in the fiscal.
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Recruitment 2018: Britannia Industries set to hire 1000, 70% women
Tue, Jul 17, 2018
The company's statement said, "Women comprise 70 percent of the factory's workforce and are well represented in all three shifts that the factory operates. The total strength of workers will be around 1,000 people at the time of the factory's full-fledged operations."
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Demonetisation effect: Britannia Industries posts 6% rise in Q4FY17 net profit
Thu, May 25, 2017
Varun Berry, Managing Director of Britannia Industries said, “It has been a good quarter in the face of challenging market environment and sluggish demand scenario post demonetisation. We expect the situation to slowly improve over the next 3 to 6 months with the measures announced by the government in the budget and the prediction of an above average monsoon this year.”
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Britannia signs MoU with Greek bakery company Chipita; in talks to form joint venture
Tue, Feb 21, 2017
Britannia on Tuesday said it has signed an memorandum of understanding (MoU) with Greece's cakes and confectionery major Chipita and it is in talks with the company to finalise joint venture.
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Digestive Biscuit dispute: ITC filed case against Britannia
Fri, Aug 26, 2016
ITC's sunfeast farmlite digestive packaging claims 'No added sugar, maida' and that it contains 'fibre'. While Britannia's NutriChoice Digestive too has similar branding slogans which says '0 per cent added sugar, maida' and contains 'high fibre'. These two products are priced also at same price.
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