Britannia on Friday reported a 10.5% YoY rise in its June quarter consolidated profit to Rs 506 crore while revenue rose 4% YoY to Rs 4,130 crore.
Indian markets opened muted, with Nifty hovering near 26,000 as momentum cooled post-record highs. Broader markets face strain, prompting caution. Analysts suggest Nifty will consolidate
Investors are closely watching sectors like banking, manufacturing, auto distribution, and aviation after a recent rate cut. Analysts see temporary margin pressure for banks and
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