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Rising shares for Britannia Industries

Britannia Industries saw its shares rising by as much as 10% on November 7. The surge followed a 28.4% jump in its second-quarter consolidated net profit.

India’s leading biscuit maker recorded a profit of USD 59.97 million for the three months ending on Sept. 30, Reuters reports.

India’s food inflation rose 8.60% in September.

Photo: Britannia Industries social media