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Street gives big-hearted welcome to Britannia s Q4 results

FMCG major Britannia Industries results for the January-March quarter (Q4) of the financial year 2023-24 (FY24) were received enthusiastically by the market with the share going up by 6.7 per cent on Monday to close at Rs 5,061.60 on the BSE. However, analysts said the results were in line with margins, and disappointing in terms of revenue growth. The consolidated net sales (excluding other operating income) rose 3 per cent year-on-year (Y-o-Y) to Rs 4,010 crore in Q4.

Hold Britannia Industries; target of Rs 5315: Prabhudas Lilladher

Hold Britannia Industries; target of Rs 5315: Prabhudas Lilladher
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