Page 3 - Britannia

Stocks to Watch: Zomato, SBI, Adani Group, Britannia, ONGC, Gland Pharma

Stocks to Watch Today: According to reports, Zomato is likely to witness a block deal on Wednesday.

Britannia Industries enters into a JV with French cheese maker Bel SA

It sells 49 per cent stake in Britannia Dairy for Rs 262 crore

Britannia stock jumps 10%; NSE H1FY23 consolidated PAT jumps 53%

NSE has almost a monopoly in the equity derivatives segment and 93 per cent market share in the equity cash segment

Britannia Q2 net up 28.5% to Rs 490 cr, records 'highest quarterly revenue'

Bakery foods company Britannia Industries Ltd on Friday reported a 28.47 per cent increase in consolidated net profit at Rs 490.58 crore for the second quarter ended September 30, 2022, helped by volume growth. The company had posted a net profit of Rs 381.84 crore in the July-September quarter a year ago, Britannia Industries said in a BSE filing. Its total revenue from operations climbed 21.40 per cent to Rs 4,379.61 crore from Rs 3,607.37 crore in Q2 FY22. The company has recorded its "highest quarterly revenue", Britannia Industries said. Total expenses were at Rs 3,773.71 crore in the second quarter of FY23, up 20.25 per cent from Rs 3,138.15 crore in the year-ago period. Britannia Managing Director Varun Berry said, "We have witnessed positive growth momentum over the last few months. Our Go-to-market strategy and increase in distribution reach have converged to deliver a robust topline growth of 22 per cent YoY and 19 per cent QoQ, aided by a mid-single digit volume growth,

Britannia elevates Varun Berry to vice-chairman, names Rajneet Kohli CEO

Berry will continue the hold of managing director at the company, the company said in a stock exchange filing

Hardik Pandya's brand value jumps after winning strike against Pakistan

Among the brands Pandya is endorsing currently are Monster Energy drink, Gulf Oil, William Lawson scotch, boAt, and Britannia

Major fire at Britannia's Pantnagar plant; no casualties reported

The factory was set up in 2010 at the Pantnagar industrial estate to avail the tax incentives offered by the central government under a special package for Uttarakhand and Himachal Pradesh

Target, acquirer, board of directors: Understanding a hostile takeover

While some people refer to Adani's acquisition of a stake in NDTV as a hostile takeover, others disagree. Read more to find out what a hostile takeover is

India at 75: These pre-independence companies thrived in independent India

These companies that operated under the constraints of British rule before 1947 helped India become self-sufficient in various sectors after independence

India at 75: The Maharajah and 14 other brands that had great impact on us

From the Air India mascot to bicycles and Aadhaar, from stationery to automobile and cosmetics, some brands have come to define the segments they represent. Here's a look at 15 such brands

Britannia Industries to continue raising prices in Q2 amid high inflation

Between the April-June and July-September quarters of FY23, the biscuit major will take a price hike between 6 per cent and 7 per cent

Parle Products remains most chosen FMCG brand for 10 years in a row: Report

The number of brands growing in terms of CRP improved in 2021 (70 per cent), over 2020 (56 per cent)

How is 'shrinkflation' helping FMCG companies tide over rising input costs?

FMCG companies are struggling. They have now resorted to 'shrinkflation' to cope with the increased input cost, without passing on the price burden to consumers. Our next report tells more about it

Britannia Industries surges 10% on upbeat volume in March quarter

The company delivered robust top-line growth of 15 per cent and a mid-single digit volume growth in March quarter (Q4FY22).

Britannia to take calibrated price hikes to manage profitability, says MD

According to the company, the economy was impacted by global geo-political factors which caused a further surge in inflation the January-March quarter of FY22

HUL, Britannia, Marico drop up to 6% as Indonesia bans palm oil exports

Palm oil is used in products like cooking oil, processed foods, cosmetics and biofuels.

Britannia slips 3%, nears 52-week low on input cost pressure concerns

In the past six months, the stock has declined 12 per cent, as compared to a 0.37 per cent decline on the S&P BSE Sensex.

Britannia revamps biscuit brand Good Day, to add three more variants

Britannia will launch Good Day Harmony and two other variants in the premium segment

Here's why Mehul Kothari recommends buying Britannia, HDFC Bank

According to the technical analyst from Anand Rathi, Britannia is hovering near its 200 DSMA support which also coincides with the ICHIMOKU cloud on the weekly scale, thus the downside seems marginal

Britannia Industries rural business contribution may rise 50% in 3 years

The country's largest biscuit-maker Britannia Industries rural focus remains intact and company's rural revenue may touch 50 per cent in the next three years amid a gradual rebound in urban demand.