Business Standard

Thursday, December 26, 2024 | 10:35 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

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

Britannia
Premium

Edelweiss Securities expects Britannia’s revenue and EBITDA to decline 6.9 per cent and 10.1 per cent YoY, respectively to Rs 2,605.5 crore and Rs 392.3 crore.

SI Reporter New Delhi
Shares of Britannia Industries jumped around 10 per cent to Rs 3,243 on the BSE in early morning trade on Thursday ahead of the board meeting today to consider interim dividend. The stock of packaged foods company was trading close to its 52-week high price of Rs 3,444 touched on September 2019.

“A meeting of the board of directors of the Company will be held on Thursday, 23rd April 2020 to consider, the payment of interim dividend on the equity share capital of the Company for the financial year 2019‐20 to the equity shareholders of the Company,” Britannia Industries in

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in