JM Financial said the staples coverage universe (excluding ITC and VBL) posted a 7 per cent year-on-year rise in sales, broadly in line with expectations.
Britannia Industries shares closed at Rs 6132.15 in the previous session. Market cap of the firm stood at Rs 1.47 lakh crore.
Alongside the results, the company's Board of Directors, in their meeting on November 5, 2025, approved a key leadership change. Rakshit Hargave has been appointed as the new Additional Whole-Time Director and Chief Executive Officer.
Companies such as ABB India, Fine Organics and Jupiter Hospitals delivered less-than-expected Q4 earnings. UPL beat the Street estimates, Thermax reported in-line results while Apollo Pipes clocked a mixed set of results.
Zomato, JFS shares: The entry of the two stocks are seen pushing Nifty's estimated FY26 EPS lower to Rs 1,171 from Rs 1,186, resulting in a rise in Nifty PE ratio to 20.2 times from 19.9 earlier, Nuvama suggested.
Britannia Industries stock opened higher at Rs 5024.85 on BSE. The stock has gained 4.88% this year and risen 9.15% in two years.
Jio Financial Services Ltd and Zomato Ltd are likely to be included in the Nifty50 Index in the upcoming rejig of the benchmark index, suggests a report from JM Financial.
Britannia stock ended 7.32% lower at Rs 5028.25 against the previous close of Rs 5425.30 on BSE. Market cap of the firm slipped to Rs 1.21 lakh crore.
Motherson Sumi Wiring India continued to outperform the industry with healthy revenue growth of 18 per cent YoY, driven by strong content and volume growth, JM Financial said.
Axis Securities said that Britannia has confirmed a breakout above the cup and handle pattern at Rs 5,600 on the weekly chart, indicating the continuation of the medium-term uptrend.
The analyst from Anand Rathi said that Nestle has found support at the upper boundary of its previous major breakout level, approximately around Rs 2,327.





