📉 Britannia Slips 5% from weekly high as Profit-Booking Hits FMCG Stocks

After a strong rally, FMCG shares came under selling pressure on Friday, with investors booking profits following a five-session surge.

fell as much as 5.3% from the weekly high, snapping its winning momentum. In the last five trading sessions (Before Friday), Britannia’s stock had surged nearly 10.75%, fueled by optimism around consumption demand and festive season expectations. The recent dip appears more like a healthy profit-booking phase rather than a structural weakness. With FMCG demand staying resilient, investors will closely watch whether Britannia can resume its upward trajectory in the coming weeks. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.