Company updateBusiness Standard
Britannia CEO says Reliance may struggle in biscuits
Negative-32 sources
GreyOak summary
Britannia CEO Rakshit Hargave stated that Reliance Industries will find it difficult to replicate the price disruption seen in the cola market within the biscuit sector. Hargave noted that biscuit pricing dynamics differ, making aggressive discounting harder.
What it affects
- Reliance IndustriesRELIANCENegative -3
Struggles to replicate cola disruption in biscuitsRolling sentiment Positive +47
- Britannia IndustriesBRITANNIAPositive +3
Rolling sentiment Positive +30
Source
Read the original at Business StandardMore Reliance Industries news
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