Britannia Industries Ltd.'s third-quarter net profit rose on gain from exceptional items, beating analyst estimates.
Shares of the company closed 1.19% higher on Wednesday, compared to a 0.26% decline in the benchmark NSE Nifty 50 Index.
Of the 40 analysts tracking the company, 25 maintain a 'buy', 12 recommend a 'hold' and three suggest a 'sell', according to Bloomberg data. The 12-month consensus price target implies an upside of 3.5%.
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