Market Experts said that the last 6-7 days has seen a very good impact on market sentiment. In fact, the recent rally has seen a surge in the Mid-cap and Small-cap stocks, which is a good sign for the market. While in this positive sentiments FII has shown buying trend. In this situation, we can expect a surge in the market for the short period.
In the first quarter of FY 2019, Britannia’s profits increased 19.4% to Rs 258.1 crore, and earnings rose 12.4 percent to Rs 2,544 crore. In the first quarter on the basis of year-on-year, Britannia’s EBITDA has increased from Rs 328.5 crore to Rs 389.4 crore.
In the first quarter of FY2019, KEC International’s profit has increased by 38% to Rs 87 crores, and income has increased 11% to Rs 2,105 crores. On the basis of year-on-year basis, KEC International’s EBITDA has increased from Rs 176 crores to Rs 216 crores.