Britannia stock ready for a rebound: Analysts

Mumbai: The recent underperformance of Britannia Industries’ shares may have set the stage for a rebound, said analysts. The stock, which has shed 2 per cent in a bull market in the past six months, could rebound by as much as 12 per cent in the near term driven by technical strength and lower valuations compared to its peers.The stock, which has been trading in a range for the last six months, recently crossed its 200-day moving average (DMA)