Latest Britannia Industries News
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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.
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Tue, Sep 17, 2024
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.
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Mon, Sep 16, 2024
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.
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Thu, Sep 12, 2024
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.
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Mon, Sep 9, 2024
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
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Thu, Sep 5, 2024
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.
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.
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Tue, Sep 3, 2024
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.
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Thu, Aug 29, 2024
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
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Sun, Jul 14, 2024
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.
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Thu, Jul 11, 2024
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.
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Tue, Jul 9, 2024
Business Line
Britannia Industries appoints Urjit Patel as Independent Director
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Wed, Jul 3, 2024
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.
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Wed, Jul 3, 2024
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.
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Wed, Jul 3, 2024
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.
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Sat, Jun 29, 2024
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
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Sat, Jun 29, 2024
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.
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Sat, Jun 29, 2024
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
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Tue, Jun 25, 2024
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.
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Tue, Jun 25, 2024
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.
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Mon, Jun 24, 2024