Britannia Industries Ltd, part of the packaged foods space, has tumbled nearly 20 per cent from its September 2021 highs, which effectively places the stock in a bear market, but experts believe that additional capex plans will support future growth and can be a good buy on dips stock.
The FMCG stock hit a 52-week high of Rs 4,152 on 14 September 2021, but failed to hold on to the momentum. The stock closed at Rs 3,334 on 17 June 2022, which
