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Britannia Industries share price dips 3%; here's what's dragging stock

Business Standard LogoBusiness Standard13h ago

Britannia Industries share price dips 3%; here's what's dragging stock - Business Standard

Quick Summary:

Britannia Industries shares slipped 3 per cent in trade and registered an intraday low of Rs 4,748.

The selling in the stock came after Food Safety and Standards Authority of India (FSSAI) issued a notice over the use of a preservative in one batch and prohibited its sale.

Britannia Industries' management said it remains focused on its strategy to drive market share while sustaining profits.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-21 @ 10:49:54 (13 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 516 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23729118

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 299 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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