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Britannia Industries gains on plan to invest Rs 900 crore to setup new greenfield plants

18 Feb 2016 Evaluate

Britannia Industries is currently trading at Rs. 2724.30, up by 74.50 points or 2.81% from its previous closing of Rs. 2649.80 on the BSE.

The scrip opened at Rs. 2680.00 and has touched a high and low of Rs. 2734.45 and Rs. 2680.00 respectively. So far 5,814 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. 2007.05 on 18-Feb-2015.

Last one week high and low of the scrip stood at Rs. 2734.45 and Rs. 2506.65 respectively. The current market cap of the company is Rs. 32,685.00 crore.

The promoters holding in the company stood at 50.74%, while Institutions and Non-Institutions held 27.83% and 21.43% respectively.

Britannia Industries is planning to invest Rs 900 crore in setting up fresh manufacturing and research and development facilities over the next two years.

The company will make fresh investments in biscuits, cake, rusk and dairy. The investments will include Rs 300 crore on diary. The majority of the Rs 900 crore investments will be infused in large Greenfield plants.

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
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