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Britannia Industries Ltd eases for fifth straight session

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Capital Market

Britannia Industries Ltd is quoting at Rs 2577, down 0.67% on the day as on 13:24 IST on the NSE. The stock tumbled 18.54% in last one year as compared to a 4.54% slide in NIFTY and a 7.79% fall in the Nifty FMCG index.

Britannia Industries Ltd dropped for a fifth straight session today. The stock is quoting at Rs 2577, down 0.67% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 1.16% on the day, quoting at 10869.6. The Sensex is at 36685.15, down 1.17%.Britannia Industries Ltd has eased around 7.34% in last one month.Meanwhile, Nifty FMCG index of which Britannia Industries Ltd is a constituent, has eased around 2.72% in last one month and is currently quoting at 28930.75, down 0.49% on the day. The volume in the stock stood at 1.35 lakh shares today, compared to the daily average of 3.42 lakh shares in last one month.

 

The benchmark August futures contract for the stock is quoting at Rs 2589, down 0.32% on the day. Britannia Industries Ltd tumbled 18.54% in last one year as compared to a 4.54% slide in NIFTY and a 7.79% fall in the Nifty FMCG index.

The PE of the stock is 55.64 based on TTM earnings ending March 19.

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First Published: Aug 05 2019 | 1:35 PM IST

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