Page 2 - Britannia

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.

Margin pressure to weigh on Britannia stock's near term prospects

Though valuations are reasonable, the stock lacks near term triggers

Britannia Q2 net down 23% due to rising palm oil, fuel prices

The company's cost of materials increased 8% from Rs 1,768 crore in Q2FY21 to Rs 1,915 crore in the corresponding quarter of FY22

Accenture helps Britannia digitise manufacturing units, warehouses

The enterprise-wide programme is focused on modernising Britannia's business model by digitising essential services and processes, allowing the company to better respond to changing market trends

Biscuit maker Britannia's stock rally to continue on demand revival

Its stock price is up 20% since the beginning of August, against 10% rally in Sensex

Jeh Wadia quits 2 Wadia firms, exits boards of all listed group companies

Britannia, Bombay Burmah's annual reports say businessman did not offer himself for reappointment to the board.

Britannia to invests Rs 130 cr in capacity building, to hike prices

The company is being cautiously optimistic, has infused Rs 130 crore in capacity building in current fiscal and is also eyeing at a greater revenue share from e-commerce which contributes two per cent

Britannia consolidated net profit drops 29% to Rs 387 crore in Q1

Home-grown food company Britannia Industries on Friday reported a 29 per cent decline in consolidated net profit at Rs 387 crore for the quarter ended June 30

Britannia to invest Rs 94 cr to up production capacity at Odisha plant

Home-grown food company Britannia Industries on Friday said it will invest Rs 94 crore to increase production capacity at its Odisha plant. The company will add two new manufacturing lines that will increase its production capacity by nearly 85 per cent to 65,000 metric tonnes per annum from the current 35,000 metric tonnes per annum, said Britannia Industries in a statement. The plant, which will manufacture Britannia's flagship brands comprising Marie Gold, Vita Marie Gold, Tiger Glucose & Good Day, will also generate additional employment to 450 people after the investment, the Wadia group company added. "The new capacities in Odisha will be operational by October 2022," said Britannia Industries. The new manufacturing lines will feature fully automated processing and packing lines, as well as the latest warehousing infrastructure to optimise supply chain and quality management.

Stocks to watch: Axis Bank, Britannia, Bajaj Finance, Info Edge, HDFC AMC

FMCG major Britannia Industries reported a 3 per cent YoY decline in consolidated net profit at Rs 360.07 crore in the fourth quarter ended March 31

Britannia posts 3% decline in March quarter profit to Rs 364 crore

Besides rising input costs, the company also pointed to a brief shutdown in March to implement key digital projects that impacted its bottom line

Britannia Q4 preview: Here's what to look out for in the numbers

Analysts forecast a high, single-digit growth in sales volume along with up to 25 per cent YoY growth in net profit for the FMCG giant

Former RBI Governor Urjit Patel appointed Additional Director of Britannia

He has been appointed as the Additional Director with effect from March 31 for a five-year period

Trading idea by Ajit Mishra: Sell April futures of Motherson Sumi

Motherson Sumi has witnessed a breakdown from a distribution pattern on the daily chart

Countryside is the new battleground for Nestle India, Britannia and Parle

Nestle India's aggressive shift to the hinterlands points to the growth that beckons in these areas; Britannia and Parle have already got there