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BRITANNIA SHARE UPGRADE
Britannia, Nestle India to benefit most from GST2.0, says HSBC after upgrading stocksHSBC upgraded Britannia and Nestle to Hold from Reduce, citing GST cuts and better consumer sentiment. Both companies, with high exposure t...
I-Sec upgrades Britannia Industries to Add, revises target price to Rs 6,000ICICI Securities has upgraded Britannia Industries to 'Add' with a revised target price of Rs 6,000, citing increased earnings estimates fo...
HUL shares rally over 16% in 2 days amid defensive buying; Jefferies sees upside potential of 10%HUL surges 16% over 2 days due to defensive stock reallocation and Jefferies' upgrade. FMCG index outperforms amidst market volatility. Axi...
Britannia ready to lose on margins to gain on volumesBritannia, the largest biscuit maker in India, is targeting double-digit volume growth despite potential price increases for wheat and suga...
Hot Stocks: Brokerage upgrades Kotak Bank & D-Mart post Q4 resultsFollowing the fourth-quarter results, JPMorgan upgraded Kotak Mahindra Bank and Avenue Supermarts. It maintains a neutral rating on Britann...
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 zooms 10% to record high, enters Rs 1 lakh crore club on Q2 beat"Britannia’s growth acceleration is likely more backed by the success of its own GTM (go-to-market) strategy and increase in distribution r...
Add Britannia Industries, target price Rs 3,800: Yes SecuritiesThe brokerage sees the risk-reward quite favorable for the stock but would still maintain ADD rating on the stock. It would look to upgrade...
Britannia Industries Q4 results: Net profit falls 7% to Rs 353 cr; revenue rises 9%The maker of Good Day and Tiger biscuits posted a net profit of Rs 353.46 crore on revenue of Rs 3009.16 crore for the quarter ended March.
Brokerages bullish on Britannia on strong revenue, earnings outlookAnalysts said the company continues to have strong revenue and earnings growth visibility compared to peers.
Buy Britannia Industries, target price Rs 3,877: Axis SecuritiesAccording to the brokerage, Britannia has continued to gain market share and it is expected to accelerate going forward as it penetrates fu...
Britannia bakes a new line for Good Day - WonderfullsThe Bengaluru-based company is now primarily focusing on cookies, which is emerging as one of the fastest-growing categories in biscuits in...
Nusli Wadia wants Britannia to overtake Parle, become India’s No. 1 biscuit-makerWadia said the Daily Bread Gourmet Foods subsidiary, which sells premium bakery products through its own stores in Bangalore, may be shut o...
Parle ropes in Amitabh Bachchan for endorsement to take on Britannia's Good Day"While we are present in both mass and premium segment, there was a gap which offers a huge potential and has relatively fewer players," sa...
- United Biscuits ropes in Bipasha Basu, Shriya Saran fight Parle, Britannia
UB has roped in actors Bipasha Basu and Shriya Saran to promote its McVitie's brand, as it hopes to take away share from Parle and Britanni...
- Glucose cookies losing market share
Parle-G, the country’s largest selling biscuit brand, and other glucose biscuits are fast losing their market share to premium products, to...
- Britannia cracks Chutkule to take on ITC, Pepsico
Britannia and ITC Foods are set for a battle cry in the snack food market now. Biscuit major Britannia is re-entering the snacks segment wi...