Manas Jaiswal of manasjaiswal.com has a buy call on Britannia Industries Ltd.
with a target price of Rs 3300.
The current market price of Britannia Industries Ltd.
is Rs 3182.5, Time period given by analyst is Intra Day when Britannia Industries Ltd.
price can reach defined target.
Manas Jaiswal recommended to keep stoploss at Rs 3130.
Britannia Industries Ltd., incorporated in 1918, is a largecap company with a market cap of Rs 76481.30 crore.Britannia Industries Ltd.
key Products/Revenue Segments include Bakery Products (Biscuits/Cake) which contributed Rs 9276.17 Crore to Sales Value (98.89 % of Total Sales), Other Operating Revenue which contributed Rs 55.06 Crore to Sales Value (0.58 % of Total Sales), Scrap which contributed Rs 26.79 Crore to Sales Value (0.28 % of Total Sales), Royalty Income which contributed Rs 16.28 Crore to Sales Value (0.17 % of Total Sales), Other Services which contributed Rs 5.87 Crore to Sales Value (0.06 % of Total Sales)for year ending 31-Mar-2018.
For quarter ended 30-09-2018, company has reported a Consolidated sales of Rs 2854.81 Crore, up 12.96 % from last quarter Sales of Rs 2527.24 Crore and up 12.55 % from last year same quarter Sales of Rs 2536.53 Crore Company has reported net profit after tax of Rs 303.08 Crore in latest quarter.
The companys top management includes Dr.Ajai Puri, Dr.Ajay Shah, Dr.Y S P Thorat, Mr.A K Hirjee, Mr.Avijit Deb, Mr.Jeh N Wadia, Mr.Keki Dadiseth, Mr.Keki Elavia, Mr.Ness N Wadia, Mr.Nimesh N Kampani, Mr.Nusli N Wadia, Mr.Varun Berry, Mrs.Ranjana Kumar.
Company has B S R Co.
LLP as its auditoRs As on 30-09-2018, company has a total of 120,159,147 shares outstanding.