Britannia slips 3%, nears 52-week low on input cost pressure concerns

In the past six months, the stock has declined 12 per cent, as compared to a 0.37 per cent decline on the S&P BSE Sensex.

Shares of Britannia Industries slipped 3 per cent to Rs 3,352 on the BSE in Friday’s intra-day in an otherwise firm market as input cost pressure concerns weighed on the stock.

The stock of fast moving consumer goods (FMCG) company traded closer to its 52-week low of Rs 3,350 touched on February 26, 2021.

At 09:47 am; Britannia was down 1 per cent at Rs 3,407, as compared to 2.4 per cent rise on the S&P BSE Sensex. In the past six months, the stock declined 12 per cent, as against a 0.37 per cent decline on the