Britannia shares fall as company plans 4-4.5% price hike by FY25-end

The company said that the total price increase in Q3 was 2%, with a further 4-4.5% hike expected by FY25-end.

The company said that the total price increase in Q3 was 2%, with a further 4-4.5% hike expected by FY25-end.

Wockhardt’s EBITDA surged multifold to ₹128 crore, reflecting a 246% jump from ₹37 crore in Q3 FY24.

The draft regulations released last year suggested that 5% of the provisions should be made on all existing and fresh project loans which are in the construction phase and are yet to begin commercial operations.

The latest order from the market regulator is part of a series of steps aimed at curbing the influence of unregistered advisors wooing small investors into the stock market.

Gaekwad has proposed an open offer to acquire a 55% stake in Religare at ₹275 per share, significantly higher than the Burman family’s offer pegged at ₹235 per share. However, his proposal is currently pending regulatory approval from SEBI.

Shares of Ola Electric are now trading below their IPO price and have more than halved from their post-listing high of ₹157.

Stefanie Holtze-Jen, Chief Investment Officer at Deutsche Bank AG, expects gold to reach $3,000 per ounce soon.

The auto business is expected to report volume growth of 16% and tractors segment may rise 20% year-on-year. Mix broadly similar for tractors at 33% on a year-on-year basis, compared to 32% last year.

Although shares of Bikaji Foods have corrected 36% from their post-listing high, the stock still trades at a premium of over 100% to their IPO price.

With geopolitical uncertainty looming, global stakeholders remain in a state of anticipation, waiting for definitive steps that will shape international trade and economic relations in the months ahead.