Shares of Britannia Industries were up 1.5% at Rs 2,818, in an otherwise weak market, after the FMCG major posted robust profits for the quarter ended December 2015.
Net profit for the quarter ended December 2015 increased 52% to Rs 208 crore compared to Rs 137 crore in the same quarter in the previous fiscal.
Total income for the quarter under review increased to Rs 2268 crore compared with Rs 2053 crore in the same quarter last fiscal.
The stock opened at Rs 2844 and touched a high of Rs 2,870. At 10:25am, over 98,000 shares were traded on both the stock exchanges.