Britannia Industries Ltd

(BRITANNIA)

Britannia Faces FSSAI Notice and Market Decline - 21 Nov, 2024

Britannia Industries faced a decline in share price due to an FSSAI notice regarding product compliance, resulting in a significant market cap loss. Additionally, the Delhi HC restrained unauthorized sales under its 'Good Day' trademark, affecting its brand protection efforts.

Britannia Receives Notice from Food Safety Authority - 20 Nov, 2024

Britannia Industries Limited has received a notice from the FSSAI regarding a product batch exceeding preservative limits. The company asserts that this will not significantly impact its operations or finances.

Court Rules Favorably for Britannia on Trademark - 19 Nov, 2024

The Delhi High Court has ruled in favor of Britannia Industries in a trademark infringement case against Desi Bites Snack, protecting its GOOD DAY trademark. An injunction was granted to prevent unauthorized use of the mark.

Britannia Secures Trademark Victory and Launches New Ads - 18 Nov, 2024

Britannia Industries has launched a zodiac-themed ad campaign for its biscuits, announced significant capital expenditure plans, and won a trademark case against Desi Bites, reinforcing its market position.

Consumer Demand Challenges for Britannia Industries - 16 Nov, 2024

Affluence and premiumization trends have negatively impacted consumer goods companies like Britannia Industries. Urban demand for staples is low, and households are tightening budgets.

Britannia Faces Stock Decline Amid New Product Launch - 15 Nov, 2024

Britannia Industries shares dropped 13.5% this week, closing at ₹4,915.60. Meanwhile, the company launched Choco Stars, a new biscuit with a zodiac-themed campaign.

Britannia Faces Challenges Amid Price Hikes and Declining Profit - 14 Nov, 2024

Britannia Industries faces declining profits and market cap, prompting target price cuts from analysts. The company plans cautious price hikes while launching new products to engage consumers.

Britannia Faces Profit Decline Amid Rising Costs - 13 Nov, 2024

Britannia Industries reported a 9.4% decline in Q2 net profit due to high input costs and weak urban demand. The company is implementing price hikes to combat inflation but faces challenges in maintaining margins. Analysts express concerns over growth risks, leading to downgrades from brokerages. Overall, the outlook remains cautious amid a challenging operating environment.

Britannia Faces Significant Challenges Amid Earnings Miss - 12 Nov, 2024

Britannia Industries reported disappointing Q2 results, with a 9.4% decline in net profit and an 8% drop in share price. The company plans price hikes to manage rising costs, while analysts express caution amid urban market slowdowns and inflationary pressures.

Britannia Q2 Profit Declines Amid Inflation Challenges - 11 Nov, 2024

Britannia Industries reported a 9.4% decline in Q2 profit to Rs 531.5 crore, driven by weak urban demand and commodity inflation. Revenue rose 4.5%, but both profit and revenue fell short of expectations.

Britannia Faces Competition Amid Mixed Q2 Earnings Outlook - 08 Nov, 2024

Britannia Industries is set to report mixed Q2 FY25 results with modest profit growth but margin contraction. Mukesh Ambani's entry into the snack market adds competitive pressure.

Britannia Reports Strong Growth and Efficiency Metrics - 06 Nov, 2024

Britannia Industries has achieved a 52% sales growth over five years, with a CAGR of 9%. EBITDA and net profit also grew at 13%. The company boasts a 54% RoCE and a dividend payout ratio over 40%, making it attractive for investors.

Britannia Stock Shows Signs of Potential Recovery - 28 Oct, 2024

Britannia's stock has declined 13.5% in the past month but shows support at 5,600. A bullish divergence on the RSI suggests a possible reversal, with a recommended long position in the 5,650-5,700 range and an upside target of 5,950. A stop-loss is advised near 5,535 to manage risk.