Britannia Industries Shares Rise Sharply After Q2 Results
Briefing by NewsBiteSource: thehindubusinessline.com
Updated 1d ago
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Britannia Industries' shares surged 1.58% to ₹4,865.60 on Wednesday, driven by a 16.6% year-on-year revenue growth and 13% volume growth in Q2FY27. The company's net profit grew 10.2%, but EBITDA margin contracted due to rising costs. Analysts see the stock as undervalued, with some predicting a 16% upside.
