Buy Britannia @ Rs 2772.85 // Pradnya Gaikwad // 3 Feb 2016
pradnya gaikwad
Britannia:
Company estimates industry growth to be 8-10% which is lower than growth rates of earlier years. This presents challenge on the revenue front in the short run. However, in the longer-term your Company expects the growth to return to 12-14% level mainly because the economy will regain its earlier growth momentum thus restoring the virtuous cycle viz, “higher disposable income à higher aspiration à higher consumption à higher job creation à higher disposable income”. Your Company has institutionalized a culture and mind-set of thrift through focussed programs and formal organization structure. This will put your Company in a better position to deal with cost volatility that is a normal part of business.
STOCK INFO | ||
Sector Tea Market Cap Rs32,188 52WeekH/L (BSE) 1854.00 / 3435.00 52WeekH/Low (NSE) 1854.00 / 3435.00 Volume 6,480 Face value 2.00 BSE Sensex 2682.85 NSE 2689.45 |
Category % of Holding |
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| (A)Promoters 50.73 (B) General Public 17.80 (C) Others 3.63 (D) NBFC And Mutual Funds 5.90 (E) Financial Institutions 21.93
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Total 100.00 |
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Sale of Products in the domestic market for bakery products and exports from India representing the standalone performance of your Company grew 14.5% from 6,347.85 crores in 2013-14 to 7,269.26 crores in 2014-15. Net Profit grew 68.3% from 369.83 crores to 622.41 crores.
Market Price Rs 2772.85