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Britannia Industries surges on looking to increase distribution footprint post GST

14 Aug 2017 Evaluate

Britannia Industries is currently trading at Rs. 4170.85, up by 70.55 points or 1.72% from its previous closing of Rs. 4100.30 on the BSE.

The scrip opened at Rs. 4095.00 and has touched a high and low of Rs. 4201.55 and Rs. 4095.00 respectively. So far 4987 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 4233.00 on 10-Aug-2017 and a 52 week low of Rs. 2776.00 on 23-Dec-2016.

Last one week high and low of the scrip stood at Rs. 4233.00 and Rs. 3902.15 respectively. The current market cap of the company is Rs. 50033.45 crore.

The promoters holding in the company stood at 50.70%, while institutions and non-institutions held 28.69% and 20.61% respectively.

FMCG major Britannia Industries is looking at increasing its distribution footprint and winning market share from local players after facing initial GST hiccups. The company’s other key focus areas includes entering one new geography every year and enter new product categories as it aspired to be a total food company.

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

5701.55 -32.20 (-0.56%)
20-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Varun Beverages 466.40
Nestle 1287.40
Britannia Inds 5701.55
LT Foods 415.75
Hatsun Agro Product 971.10
View more..

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