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Britannia says operations unaffected by industrial gas supply concernsBritannia Industries said it has adequate levels of finished goods available across its supply chain network to meet market demand.By Meghna Sen  March 13, 2026, 1:04:23 PM IST (Updated)2 Min ReadShares of Britannia Industries Ltd. are trading higher on Friday, March 13, after the company clarified that it has not experienced any significant disruption to operations at its manufacturing facilities due to the supply of industrial gas.

Britannia said it has adequate levels of finished goods available across its supply chain network to meet market demand.

The company uses various types of fuel across its manufacturing facilities, including LPG, PNG, biomass and liquid fuels, and has the option to switch between fuels, where feasible, by making technical adjustments.

The company said it will continue to closely monitor developments and take appropriate steps to ensure continuity of operations.

It added that it remains confident of effectively managing any challenges that may arise in the future.

"We are fully confident that the Government of India is taking and will continue to take necessary steps to address any challenges that industries may face on account of the conflict in the Middle East," the company said in a statement.

'Britannia shares can surge to ₹7,000'

A day ago, brokerage firm Antique initiated coverage on Britannia. Antique initiated with a 'Buy' rating on the stock, with a price target of ₹7,000 per share. This suggests an upside potential of 18% from its previous close.

Britannia Industries offers a compelling medium-term investment opportunity within the FMCG space.

The analyst said this conviction stems from:

- Premiumisation within the core biscuits business.

- Scaling of other categories which have higher margins.

- Distribution expansion in underpenetrated and markets coupled with GST

- Stable raw material prices.

Antique values the company at 50 times its estimated price-to-earnings ratio for financial year 2028, which is a 16% premium to its 10-year average.

Shares of Britannia Industries Ltd. were trading 0.76% higher at ₹5,831 on Friday. The stock is down 3% so far in 2026.Continue ReadingNote To ReadersDisclaimer: The views and investment tips expressed by investment experts on CNBCTV18.com are their own and not that of the website or its management. CNBCTV18.com advises users to check with certified experts before taking any investment decisions.First Published: Mar 13, 2026 1:01 PM ISTTagsBritanniaBritannia IndustriesBritannia shares