Britannia Industries’ market cap declines by Rs 8,341 crore as stock plunges 6.39%

Britannia Industries Limited experienced a significant drop in its stock price on November 12, 2024, with shares falling 6.39% to Rs 5,087.15. This decline resulted in a substantial decrease in the company’s market capitalization, which now stands at Rs 1,22,533.32 crore.

Key Trade Details:

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  • Opening Price: Rs 5,420.00
  • Day’s High: Rs 5,426.90
  • Day’s Low: Rs 5,083.00
  • Last Traded Price: Rs 5,087.15 (down by Rs 347.50 or 6.39%)
  • Total Market Cap: Rs 1,22,533.32 crore
  • Free Float Market Cap: Rs 59,919.28 crore
  • Traded Volume: 17.06 lakh shares
  • Traded Value: Rs 890.39 crore

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Additional Price Information:

  • 52-Week High: Rs 6,469.90 (October 3, 2024)
  • 52-Week Low: Rs 4,626.00 (expected November 28, 2023)
  • Daily Volatility: 1.26%
  • Annualized Volatility: 24.07%

This decrease in Britannia Industries’ market cap highlights a challenging trading session, affecting its standing in the Nifty 50 index under the packaged foods sector.

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