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.
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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.
In the morning trade, Britannia was down 1 per cent at Rs 3,407, as compared to a 2.4 per cent rise on the S&P BSE Sensex. In the past six months, the stock declined 12 per cent, against a 0.37 per cent decline on the benchmark index. While, in one year, it was down 0.37 per cent, as compared to 9 per cent rally on the Sensex.
