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Latest Britannia Industries News

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Stocks at record high: As many as 241 stocks, including ICICI Bank, Bharti Airtel, NTPC and Britannia Industries, hit their fresh 52-week highs in intraday trade on BSE on Thursday, September 19.
Mint

Mint

ICICI Bank, Bharti Airtel, NTPC—Over 240 shares jump to 1-year peaks; Sensex, Nifty 50 hit record highs

Stocks at record high: As many as 241 stocks, including ICICI Bank, Bharti Airtel, NTPC and Britannia Industries, hit their fresh 52-week highs in intraday trade on BSE on Thursday, September 19.

Thu, Sep 19, 2024

Sector-wise, buying interest was observed in auto, utilities, consumer durables, telecom, and realty, while metal, infrastructure, and capital goods faced selling pressure.
The Economic Times

The Economic Times

Technical Breakout Stocks: Mahanagar Gas, Policy Bazaar and Britannia Industries hit fresh record highs on Tuesday

Sector-wise, buying interest was observed in auto, utilities, consumer durables, telecom, and realty, while metal, infrastructure, and capital goods faced selling pressure.

Tue, Sep 17, 2024

Hero MotoCorp led the gainers, rising 2.95%, followed by Bajaj Auto, Britannia, and Bharti Airtel.
Business Line

Business Line

Mid-day updates: Sensex, Nifty edge higher; Tata Motors leads decliners

Hero MotoCorp led the gainers, rising 2.95%, followed by Bajaj Auto, Britannia, and Bharti Airtel.

Tue, Sep 17, 2024

Bajaj Finance,  HUL,  Bajaj Finserv,  SBI Life and  Britannia were among the top losers on NSE in today's trade.
The Economic Times

The Economic Times

Stock market update: Stocks that hit 52-week lows on NSE in today's trade

Bajaj Finance, HUL, Bajaj Finserv, SBI Life and Britannia were among the top losers on NSE in today's trade.

Mon, Sep 16, 2024

Aditya Agarwala of Invest4edu suggests initiating a long position in Bank Nifty, targeting 51,700 to 52,000. He also recommends buying Britannia and Apollo Hospitals. While cautioning against Granules, he sees potential in Kaynes Technology. The market remains range-bound with key support at 24,900 and resistance at 25,100. Agarwala also says that one should monitor a trade above 25,100 on a sustained basis for any kind of short-covering rally.
The Economic Times

The Economic Times

Aditya Agarwala suggests a fresh long position in Bank Nifty; recommends 2 stocks to buy

Aditya Agarwala of Invest4edu suggests initiating a long position in Bank Nifty, targeting 51,700 to 52,000. He also recommends buying Britannia and Apollo Hospitals. While cautioning against Granules, he sees potential in Kaynes Technology. The market remains range-bound with key support at 24,900 and resistance at 25,100. Agarwala also says that one should monitor a trade above 25,100 on a sustained basis for any kind of short-covering rally.

Thu, Sep 12, 2024

Stocks at record high: The Indian stock market saw significant gains on Tuesday, with 278 stocks, including Hindustan Unilever, Dabur, and Britannia Industries, reaching new 52-week highs during intraday trading on the BSE.
Mint

Mint

Stocks at record high: HUL, Britannia, Dabur... nearly 280 stocks hit fresh 1-year high on BSE in the stock market today

Stocks at record high: The Indian stock market saw significant gains on Tuesday, with 278 stocks, including Hindustan Unilever, Dabur, and Britannia Industries, reaching new 52-week highs during intraday trading on the BSE.

Tue, Sep 10, 2024

Among the top gainers were Shriram Finance, SBI Life, Hindustan Unilever, ICICI Bank, and Britannia, while ONGC led the list of top losers.
Business Line

Business Line

Mid-day updates: Indian stock markets show modest gains despite mixed sentiment

Among the top gainers were Shriram Finance, SBI Life, Hindustan Unilever, ICICI Bank, and Britannia, while ONGC led the list of top losers.

Mon, Sep 9, 2024

Britannia is in talks to acquire a majority stake in Kishlay Foods, a Guwahati-based company known for its range of snacks, biscuits, sweets, chips, noodles, and tea, valued at Rs 600-700 crore
Business Standard

Business Standard

Britannia in talks to acquire Kishlay Foods to expand presence in Northeast

Britannia is in talks to acquire a majority stake in Kishlay Foods, a Guwahati-based company known for its range of snacks, biscuits, sweets, chips, noodles, and tea, valued at Rs 600-700 crore

Thu, Sep 5, 2024

Pramod Amthe of InCred Capital remains cautious on defence and railway sectors, favoring FMCG stocks like Marico and Britannia. He highlights promising opportunities in auto companies such as Hero MotoCorp and Maruti as well as Ashok Leyland in CVs. Amthe sees potential in capex-led capital goods and expects strong growth in the two-wheeler segment.
The Economic Times

The Economic Times

Pramod Amthe on raising Nifty target; 3 top bets in FMCG & auto

Pramod Amthe of InCred Capital remains cautious on defence and railway sectors, favoring FMCG stocks like Marico and Britannia. He highlights promising opportunities in auto companies such as Hero MotoCorp and Maruti as well as Ashok Leyland in CVs. Amthe sees potential in capex-led capital goods and expects strong growth in the two-wheeler segment.

Tue, Sep 3, 2024

Several brokerages have recently upgraded the target prices for stocks like Tata Steel, ITC, Britannia, SBI, and Maruti Suzuki. These upgrades indicate potential price increases ranging from 2% to 15% based on current market prices. The detailed list includes target prices for each stock, showing market optimism for these companies.
The Economic Times

The Economic Times

Tata Steel, ITC among 10 stocks that earned upgrades in the last 1 month

Several brokerages have recently upgraded the target prices for stocks like Tata Steel, ITC, Britannia, SBI, and Maruti Suzuki. These upgrades indicate potential price increases ranging from 2% to 15% based on current market prices. The detailed list includes target prices for each stock, showing market optimism for these companies.

Tue, Sep 3, 2024

Reliance Industries saw a nearly 2% rise in its shares following news that the company is considering a 1:1 bonus issue on September 5. The FMCG sector also saw a recovery, with Britannia and ITC among the top gainers on the Nifty.
CNBC TV18

CNBC TV18

Nifty rallies to third straight record close; Sensex jumps over 82,000

Reliance Industries saw a nearly 2% rise in its shares following news that the company is considering a 1:1 bonus issue on September 5. The FMCG sector also saw a recovery, with Britannia and ITC among the top gainers on the Nifty.

Thu, Aug 29, 2024

Major FMCG players such as HUL, ITC, Dabur, Britannia, Nestle, and Emami have reported promising developments in rural markets and significant growth from e-commerce channels, particularly quick-commerce platforms, in their June quarter earnings.
Mint

Mint

Nifty FMCG hits all-time high for 4th straight session, gains 16.5% in 3 months; what’s fueling the surge?

Major FMCG players such as HUL, ITC, Dabur, Britannia, Nestle, and Emami have reported promising developments in rural markets and significant growth from e-commerce channels, particularly quick-commerce platforms, in their June quarter earnings.

Tue, Aug 27, 2024

Bajaj Electricals says Vishal Chadha brings with him 28 years of experience across organizations like Britannia, Nokia, Snapdeal and Kohler
Business Line

Business Line

Bajaj Electricals appoints Vishal Chadha as COO of its Consumer Products Division

Bajaj Electricals says Vishal Chadha brings with him 28 years of experience across organizations like Britannia, Nokia, Snapdeal and Kohler

Sun, Jul 14, 2024

This is in sharp contrast to the last two years, when fast-moving consumer goods (FMCG) companies such as ITC, Dabur, Marico, Britannia, Parle Products, Emami and Hindustan Unilever had been focused mainly on premiumisation with demand turning sluggish in villages as the rise in prices of daily essentials, vegetables and fuel had forced consumers to cut down on spending. In the last two years, more than 60% of launches by large FMCG companies have been in the premium segment.
The Economic Times

The Economic Times

At FMCG box office, rural to script summer blockbuster

This is in sharp contrast to the last two years, when fast-moving consumer goods (FMCG) companies such as ITC, Dabur, Marico, Britannia, Parle Products, Emami and Hindustan Unilever had been focused mainly on premiumisation with demand turning sluggish in villages as the rise in prices of daily essentials, vegetables and fuel had forced consumers to cut down on spending. In the last two years, more than 60% of launches by large FMCG companies have been in the premium segment.

Thu, Jul 11, 2024

Britannia Industries Ltd is quoting at Rs 5647.9, up 1.42% on the day as on 12:49 IST on the NSE. The stock is up 12.24% in last one year as compared to a 26.03% gain in NIFTY and a 12.89% gain in the Nifty FMCG index.
Business Standard

Business Standard

Britannia Industries Ltd spurts 1.42%, gains for third straight session

Britannia Industries Ltd is quoting at Rs 5647.9, up 1.42% on the day as on 12:49 IST on the NSE. The stock is up 12.24% in last one year as compared to a 26.03% gain in NIFTY and a 12.89% gain in the Nifty FMCG index.

Tue, Jul 9, 2024

Q1 results preview: Hindustan Unilever (HUL) is expected to report flat revenues, while improving growth trend from Marico and Britannia Industries and a mixed bag performance from Godrej Consumer Products and Tata Consumer Products are estimated.
Mint

Mint

Q1 results preview: FMCG sector may see improving volume and value growth trends amid demand recovery

Q1 results preview: Hindustan Unilever (HUL) is expected to report flat revenues, while improving growth trend from Marico and Britannia Industries and a mixed bag performance from Godrej Consumer Products and Tata Consumer Products are estimated.

Thu, Jul 4, 2024

Britannia has appointed former Reserve Bank of India Governor Dr. Urjit Patel and Atul's MD Sunil Siddharth Lalbhai as Additional Non-Executive Independent Directors for five consecutive years, effective from July 2, 2024, to July 1, 2029. Patel served as the 24th Governor of RBI and was Deputy Governor from 2013 to 2018.
The Economic Times

The Economic Times

Britannia appoints ex-RBI Guv Urjit Patel as independent director

Britannia has appointed former Reserve Bank of India Governor Dr. Urjit Patel and Atul's MD Sunil Siddharth Lalbhai as Additional Non-Executive Independent Directors for five consecutive years, effective from July 2, 2024, to July 1, 2029. Patel served as the 24th Governor of RBI and was Deputy Governor from 2013 to 2018.

Wed, Jul 3, 2024

Urjit Patel served as the 24th Governor of the Reserve Bank of India (RBI) between 2016-18.
Hindustan Times

Hindustan Times

Britannia appoints former RBI governor Urjit Patel as Independent Director

Urjit Patel served as the 24th Governor of the Reserve Bank of India (RBI) between 2016-18.

Wed, Jul 3, 2024

Sumeet Bagadia of Choice Broking has recommended three stocks for Monday, July 1, 2024 — Tata Motors, Britannia Industries and ONGC.
Mint

Mint

Buy or sell: Sumeet Bagadia recommends these three stocks for Monday - July 1

Sumeet Bagadia of Choice Broking has recommended three stocks for Monday, July 1, 2024 — Tata Motors, Britannia Industries and ONGC.

Sat, Jun 29, 2024

ITC's latest annual report shows that its foods business clocked sales of Rs 17,194.5 crore in the fiscal year ending March 31, 2024
Business Standard

Business Standard

ITC beats Britannia, becomes India's second-largest packaged foods company

ITC's latest annual report shows that its foods business clocked sales of Rs 17,194.5 crore in the fiscal year ending March 31, 2024

Sat, Jun 29, 2024

ITC's foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands such as Aashirvaad atta, Bingo potato chips and Sunfeast biscuits in the segment said in its latest annual report. This comprised both domestic sales and exports.
The Economic Times

The Economic Times

ITC packs a punch, beats Britannia in foods business

ITC's foods business posted consolidated sales of Rs 17,194.5 crore for the fiscal year ended March 31, 2024, the company that owns brands such as Aashirvaad atta, Bingo potato chips and Sunfeast biscuits in the segment said in its latest annual report. This comprised both domestic sales and exports.

Sat, Jun 29, 2024

Amit Mitra spoke to Britannia Industries MD Varun Berry, who is travelling abroad, over the phone
Business Line

Business Line

Britannia Industries is fully committed to West Bengal, says Amit Mitra

Amit Mitra spoke to Britannia Industries MD Varun Berry, who is travelling abroad, over the phone

Tue, Jun 25, 2024

Britannia Industries Limited reaffirms commitment to West Bengal, with plans to enhance business operations despite worker VRS acceptance. The company's managing director will visit to ensure no major impact on operations, emphasizing sustained manufacturing and the continued presence in Kolkata.
The Economic Times

The Economic Times

Britannia committed to Bengal, says Amit Mitra amid no word on Kolkata plant operation

Britannia Industries Limited reaffirms commitment to West Bengal, with plans to enhance business operations despite worker VRS acceptance. The company's managing director will visit to ensure no major impact on operations, emphasizing sustained manufacturing and the continued presence in Kolkata.

Tue, Jun 25, 2024

All permanent workers at Britannia's Taratala factory in Kolkata have accepted the voluntary retirement scheme (VRS), ensuring no impact on business operations. The company had informed the bourses about this development recently. The Taratala plant is one of Britannia's oldest biscuit manufacturing plants in the country.
The Economic Times

The Economic Times

All permanent workers of Britannia's Taratala factory accept VRS

All permanent workers at Britannia's Taratala factory in Kolkata have accepted the voluntary retirement scheme (VRS), ensuring no impact on business operations. The company had informed the bourses about this development recently. The Taratala plant is one of Britannia's oldest biscuit manufacturing plants in the country.

Mon, Jun 24, 2024