It’s likely to have been another soft quarter for Britannia Industries as the company is expected to see muted growth in earnings amid weak volumes and rural demand, higher raw material costs, and likely price cuts in some categories. The company is seen reporting a moderate 1.2% year-on-year (YoY) growth in consolidated revenue for the … Read more
“While these companies have performed exceedingly well this current financial year, the next financial year probably will not be as good,” says Sudip Bandyopadhyay, Group Chairman, Inditrade Capital We just marked the Budget week and what are the standout sectors that are coming for you because while we were chatting with all the market experts, … Read more
With a nearly 20% rally in 2023, Nifty is overvalued by as much, according to a report by Kotak Institutional Equities. The brokerage remains wary of an absolute return potential of the market from the current levels as it replaces ITC and Larsen & Toubro (L&T) with Britannia and PSU stock NTPC from its concentrated … Read more
