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Britannia Industries Ltd extends losing spree

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Britannia Industries Ltd is quoting at Rs 3678.6, down 0.96% on the day as on 13:24 IST on the NSE. The stock jumped 6.02% in last one year as compared to a 51.73% rally in NIFTY and a 30.53% spurt in the Nifty FMCG index.

Britannia Industries Ltd fell for a fifth straight session today. The stock is quoting at Rs 3678.6, down 0.96% on the day as on 13:24 IST on the NSE. The benchmark NIFTY is down around 0.42% on the day, quoting at 18101.55. The Sensex is at 60723.26, down 0.33%.Britannia Industries Ltd has eased around 9% in last one month.Meanwhile, Nifty FMCG index of which Britannia Industries Ltd is a constituent, has eased around 6.44% in last one month and is currently quoting at 39354.45, down 1.22% on the day. The volume in the stock stood at 1.27 lakh shares today, compared to the daily average of 2.91 lakh shares in last one month.

 

The benchmark October futures contract for the stock is quoting at Rs 3679.8, down 1.3% on the day. Britannia Industries Ltd jumped 6.02% in last one year as compared to a 51.73% rally in NIFTY and a 30.53% spurt in the Nifty FMCG index.

The PE of the stock is 52.37 based on TTM earnings ending June 21.

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First Published: Oct 22 2021 | 1:35 PM IST

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