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Britannia Substitutes HPCL In Nifty Pack; Stock Gains

Roshni Agarwal

Britannia, Kolkata-based company has today entered into the prestigious Nifty pack and replaced the oil-retailing company HPCL. The replacement will also be applicable to Nifty 50 Equal Weight Index.

The indices are reconstituted twice every year based on data for six months ending January and July.

After the re-jig, the stock of Britannia has rallied as much as 3% and recorded a day's high of Rs. 3139 on the NSE, while the day's low has been recorded at Rs. 3045. In the previous trading session, the stock closed at Rs. 3096.55.

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