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Britannia Industries gains on plans to set up agro-processing plant in Andhra Pradesh

09 Sep 2015 Evaluate

Britannia Industries is currently trading at Rs. 2895.00, up by 53.30 points or 1.88% from its previous closing of Rs. 2841.70 on the BSE.

The scrip opened at Rs. 2880.00 and has touched a high and low of Rs. 2917.25 and Rs. 2850.00 respectively. So far 16,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3435.00 on 13-Aug-2015 and a 52 week low of Rs. 1271.00 on 09-Sep-2014.

Last one week high and low of the scrip stood at Rs. 3085.00 and Rs. 2770.85 respectively. The current market cap of the company is Rs. 34,709.00 crore.

The promoters holding in the company stood at 50.74%, while Institutions and Non-Institutions held 29.00% and 20.26% respectively.

Britannia Industries is planning to set up an agro-processing facility in Chittoor, Andhra Pradesh. In this regard, the company will commission the Phase I of the project in Chittoor district with an investment of Rs 125 crore by the end of 2016.

The company is focusing on agriculture and allied activities - horticulture, livestock, fisheries, dairy and poultry whose estimated growth rate for 2015-16 is 24 per cent with Rs 1.87 lakh-crore against Rs 1.43 lakh-crore in 2014-15.

Britannia, one of the India’s biggest brands of the country, has a market share of over 33%. More-than-a-century old Britannia has launched big brands in FMCG Segment. The company is expanding its customer base by launching new products and renovating existing ones.

 


Britannia Inds Share Price

5733.75 144.25 (2.58%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Varun Beverages 474.05
Nestle 1285.65
Britannia Inds 5733.75
LT Foods 422.10
Hatsun Agro Product 979.20
View more..

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