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Britannia Industries planning to gradually undertake price hike of products

04 Aug 2021 Evaluate

Britannia Industries is planning to gradually undertake price hike of its products to offset a sharp rise in cost, amid uncertainty arising out of the COVID-19 pandemic.The company, which is being cautiously optimistic, has infused Rs 130 crore in capacity building in the current fiscal. It is also eyeing at a greater revenue share from e-commerce which currently contributes two per cent.

Britannia Industries, one of the India’s biggest brands of the country. More-than-a-century old Britannia has launched big brands in FMCG Segment.


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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