Britannia shares rally 4% as Q1 profit rises 14% YoY. Should you buy, sell or hold?
· economictimes.indiatimes.com
Britannia Industries shares rose 4% after the FMCG major reported a more than 14% year-on-year increase in Q1 FY27 net profit to Rs 591 crore. Despite higher input costs due to geopolitical tensions, the company delivered healthy revenue growth and margin expansion, prompting Nuvama and Nomura to reiterate their 'Buy' ratings on the stock.
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