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Britannia Industries rises on the buzz of plan to open new R&D centre

20 Nov 2015 Evaluate

Britannia Industries is currently trading at Rs. 2973.65, up by 29.45 points or 1% from its previous closing of Rs 2944.20 on the BSE.

The scrip opened at Rs. 2950.00 and has touched a high and low of Rs. 2978.00 and Rs. 2945.00 respectively. So far 4481 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. 1576.00 on 25-Nov-2014.

Last one week high and low of the scrip stood at Rs. 2978.00 and Rs. 2824.50 respectively. The current market cap of the company is Rs. 35620.82 crore.

The promoters holding in the company stood at 50.74% while Institutions and Non-Institutions held 28.62% and 20.64% respectively.

Britannia Industries (BIL), India's leading Food Company, is reportedly planning to open a new Rs 65 crore research and development (R&D) centre in February to spur innovation. The newfound focus on innovation comes at a time when Britannia faces aggressive competition from its rivals in rural markets. Further, the company is also planning to enter the snack, chocolate and breakfast segments in the next six months.

Britannia is a leading food company in India with over Rs 6000 crore in revenues, delivering products in over 5 categories through 3.5 million retail outlets to more than half the Indian population. Britannia was one of the first companies in India to pioneer category defining innovations like Cream Cheese and introducing a host of international flavors for its cubes & spreads in India.

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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