MoneyWorks4Me

Britannia Industries raises Rs 500 crore via CP

05 Apr 2019 Evaluate

Britannia Industries has raised funds through issuance of Commercial Papers (CP) for an aggregate amount of Rs 500 crore dated April 04, 2019, with tenure upto 260 days.

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.

Peers
Company Name CMP
Nestle India 1382.00
Varun Beverages 435.55
Britannia Industries 4937.00
LT Foods 430.10
Hatsun Agro Product 1155.55
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