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Britannia Industries gains on opening R&D centre, manufacturing unit near Bengaluru

23 Nov 2016 Evaluate

Britannia Industries is currently trading at Rs. 2958.00, up by 53.55 points or 1.84% from its previous closing of Rs. 2904.45 on the BSE.

The scrip opened at Rs. 2932.00 and has touched a high and low of Rs. 2966.00 and Rs. 2896.00 respectively. So far 15,000 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 3575.00 on 15-Sep-2016 and a 52 week low of Rs. 2506.65 on 12-Feb-2016.

Last one week high and low of the scrip stood at Rs. 3010.00 and Rs. 2851.70 respectively. The current market cap of the company is Rs. 35,496.00 crore.

The promoters holding in the company stood at 50.73%, while Institutions and Non-Institutions held 28.22% and 21.05% respectively.

Britannia Industries has opened an R&D centre and a manufacturing unit in Bidadi, near Bengaluru entailing an investment of Rs 200 crore. The centre houses analytical, sensory, microbiology labs, in addition to pilot plants for its core product portfolio which includes biscuits, cakes rusk, breads and dairy.

The manufacturing facility, built adjacent to the R&D centre is also equipped with high speed processing machinery plans to seamlessly channel the innovations from the centre to markets across the country. At present, Britannia has manufacturing facility only in India and at one plant in the Middle East, while it exports its products to 70 countries.

Britannia Industries, 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

5519.20 -291.55 (-5.02%)
08-May-2026 16:59 View Price Chart
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Company Name CMP
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Britannia Inds 5519.20
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