Latest Updates Around The World
India’s consumer sector is showing early signs of recovery, with demand trends gradually improving across most categories in Q3’26. Overall sector performance remained healthy, with revenue and EBITDA growth of 17% and 15% year-on-year respectively, supported by a low base and improving consumer sentiment. Even on a normalized basis (excluding high-growth discretionary segments), underlying growth […]
FMCG major Britannia Industries reported a 17% year-on-year increase in December quarter consolidated net profit at Rs 680 crore, compared to Rs 582 crore reported in the same period a year ago. The profit after tax (PAT) accrues to the owners of the company.Operating income from operations stood at Rs 4,970 crore in Q3FY26, up […]
India’s benchmark Nifty 50 could rise to 29,500 by end-2026, which BNP Paribas said would deliver returns in the mid-teens, largely driven by earnings growth. The brokerage urges investors to focus on large, domestically oriented stocks such as HDFC Bank, ICICI Bank, Maruti Suzuki, Mahindra & Mahindra, Reliance Industries and Bharti Airtel, as policy support, […]
Nifty’s 4% rally over the past three months has more scope to grow, says Prabhudas Lilladher (PL), who estimates the heartbeat index to reach its target of 29,094 in the next 12 months, implying 11% growth from current levels. PL has revised its targets upwards from 28,781, believing that economic momentum will pick up from […]
Bakery food company Britannia Industries Ltd on Wednesday reported a 23.23 per cent rise in consolidated net profit to Rs 655.06 crore for the September quarter, helped by stable raw material prices and cost optimization efforts.The company had posted a net profit of Rs 531.55 crore in the July-September quarter a year ago, according to […]
