by newsworm | Dec 18, 2024 | Britannia, FMCG
Nitesh G has been appointed as the Vice President of Sales at Haldiram Foods International Ltd. He shared the news on LinkedIn, announcing his new role. Prior to joining Haldiram, Nitesh was the Chief Business Officer at Mrs. Bectors Food Specialities Ltd, which owns... by newsworm | Dec 11, 2024 | Britannia, FMCG
Britannia Industries is implementing cost-optimization programs to manage rising costs due to commodity price increases. The company aims to avoid passing the full burden of these increases to consumers, but some price hikes are inevitable. Britannia has announced a... by newsworm | Dec 10, 2024 | Britannia, FMCG, ITC, Marico
The Indian Fast-Moving Consumer Goods (FMCG) sector has been under pressure in recent times, with stocks like ITC, Marico, and Britannia declining in value. The decline can be attributed to a combination of factors. Firstly, the sector has been experiencing a slowdown... by newsworm | Dec 6, 2024 | Britannia, FMCG
HDFC Securities has set a target price of Rs 5,650 for Britannia Industries, indicating a potential upside of around 15% from its current market price. The brokerage firm has maintained a “buy” rating on the stock, citing strong growth prospects and a...
by newsworm | Nov 30, 2024 | Britannia, FMCG
Several brokerages have recently downgraded their target prices for multiple stocks, according to Trendlyne data. A total of 10 stocks have faced target price downgrades, including IndusInd Bank, Maruti Suzuki, Ambuja Cements, Asian Paints, and Titan. These downgrades...
by newsworm | Nov 27, 2024 | Britannia, FMCG, Hindustan lever, Nestle, Parle
Reliance Chairman Mukesh Ambani is expanding the company’s presence in the fast-moving consumer goods (FMCG) sector by competing with big players like Britannia, Hindustan Unilever, Nestle, and Parle. Reliance is implementing a strategy to increase the margins...