INSUBCONTINENT EXCLUSIVE:
Dr CK Narayan of Chart Advise has a buy call on Britannia Industries Ltd
with a target price of Rs 6620.0
The current market price of Britannia Industries Ltd
is Rs 6530.05 Time period given by the analyst is Intra Day when Britannia Industries Ltd
price can reach defined target
Dr CK Narayan recommended to keep stoploss at Rs 6450
Britannia Industries Ltd., incorporated in 1918, is a largecap company with a market cap of Rs 78399.22 crore.
Britannia Industries Ltd
key Products/Revenue Segments include Bakery Products (Biscuits/Cake) which contributed Rs 8577.14 Crore to Sales Value (98.76 % of Total
Sales), Other Operating Revenue which contributed Rs 56.31 Crore to Sales Value (0.64 % of Total Sales), Scrap which contributed Rs 30.43
Crore to Sales Value (0.35 % of Total Sales), Royalty Income which contributed Rs 16.10 Crore to Sales Value (0.18 % of Total Sales), Other
Services which contributed Rs 4.41 Crore to Sales Value (0.05 % of Total Sales)for the year ending 31-Mar-2017
For the quarter ended 31-03-2018, the company has reported a Consolidated sales of Rs 2509.87 Crore, down -1.89 % from last quarter Sales
of Rs 2558.30 Crore and up 12.55 % from last year same quarter Sales of Rs 2230.04 Crore Company has reported net profit after tax of Rs
263.79 Crore in latest quarter
Dadiseth, Mr.Keki Elavia, Mr.Ness N Wadia, Mr.Nimesh N Kampani, Mr.Nusli N Wadia, Mr.S S Kelkar, Mr.Varun Berry, Mrs.Ranjana Kumar
LLP as its auditoRs As on 30-06-2018, the company has a total of 120,059,148 shares outstanding.
