Indian defence firms need to invest more in innovations and R&D to keep pace with global standards: ReportAccording to India Infoline Finance Limited (IIFL) report, these firms allocate only 1.2 per cent of their revenue to R&D, markedly lower t...
Britannia explores JVs to enter high-margin categories such as chocolates, fresh dairy and salty snacks"Chocolates is a big market but difficult to penetrate and therefore, it will only be through a JV if and when it is possible," he said. "W...
Time to be a little bit greedy now; 4 stocks where Sanjiv Bhasin wants to chase new highsSanjiv Bhasin of IIFL Securities, says "would like to be with largecap stocks which are hitting new highs and using this correction. But it...
WestBridge close to investing Rs 800 crore in Milky Mist at nearly Rs 7,000 crore valuationMilky Mist has previously held discussions with private equity and venture capital firms to raise funds. However, those talks did not fruct...
Britannia shares to trade ex-dividend todayThe interim dividend will be paid to the shareholders of the company whose names appear on the register of members of the company or in the...
Britannia announces highest dividend payout in 3 years at Rs 72/shareThe dividend payment by Britannia today could be to share the one-time profit it made in the December quarter from the sale of stake in Fre...
Bharat Electronics shares jump over 7%. What's cooking?Further, for the Indian Navy, contracts for Software Defined Radio (1,265 units), HD VLF HF Receiver (1,178 units), and Sarang (12 units), ...
India's defence ministry signs 10 contracts worth Rs 5,498 with Bharat ElectronicsAnother contract for Akash Missile System was signed for the maintenance of two squadrons. It is a medium-range surface-to-air missile (SAM...
Amul, India's largest dairy brand, seeks to take on the ‘Cokes of the World’Speaking to ET in his first interview after succeeding RS Sodhi in January at the ₹61,000-crore brand owned by Gujarat Cooperative Milk Mar...
Britannia shares fall 2% after CLSA slams 'sell'The profit includes an exceptional gain of Rs 359 crore, with respect to a JV with Bel SA for the cheese business and the consequent sale o...
Britannia shares rise over 5% on Q3 results. Should you buy, sell or hold?Britannia delivered yet another stellar quarter. Traction on sales front continued to be strong, but importantly, the business has now alre...
Britannia Q3 Results: Net profit soars 151% YoY to Rs 932 cr on exceptional gain in JV with France's BelOperating profit rose 55% year-on-year to Rs 760 crore
Buy Britannia Industries, target price Rs 5060: Sharekhan by BNP ParibasPromoters held 50.55 per cent stake in the company as of 30-Sep-2022, while FIIs owned 16.65 per cent, DIIs 8.67 per cent.
Britannia enters JV with Bel SA; to sell 49% stake in Britannia DairyBel Group is a world leader in branded cheese and a significant player in the healthy snacking segment with brands like The Laughing Cow, K...
Can FMCG stocks outperform the index next year? Abneesh Roy answers“We like Britannia, HUL, Nestle and Dabur in the staple space. In discretionary stocks, we like Asian Paints. Just look at the valuations i...
Stocks in the news: Wipro, Britannia, Cipla, IDFC, Biocon and Gland PharmaBNP Paribas Arbitrage offloaded over 18,00,164 lakh shares at an average price of Rs 405 apiece of IT major Wipro for Rs 72.9 crore through...
Israel to supply missile defence systems to India for $777 mnThe deal with India's state-owned Bharat Electronics Limited to supply the marine version of the Barak 8 air and missile defence system for...