Britannia Industries Wadia

Over 94 acres of land will be sold under the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest (SARFAESI) Act 2002

The Wadia Group company obtained the loan by putting a charge on the account of the London-based parent of Britannia Industries

With his withdrawal from the boards of Britannia Industries and Bombay Burmah Trading Corp, Jehangir Wadia is now out of all listed businesses of the 15-billion-dollar Wadia Group.

Britannia Industries shares have broken out on the upside and are anticipated to continue the positive rally. Here's what technical charts suggest about the road ahead for listed Wadia Group stocks

Thus far in the calendar year 2017, the market price of Bombay Dyeing, Bombay Burmah and National Peroxide has been more than doubled.