Synopsis
Britannia Industries Ltd., incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 84442.40 Crore) operating in FMCG sector.
ET SpotlightICICI Securities has reduce call on Britannia Industries with a target price of Rs 3350. The current market price of Britannia Industries is Rs 3511.65.
Time period given by analyst is one year when Britannia Industries Ltd. price can reach defined target.
Britannia Industries Ltd., incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 84442.40 Crore) operating in FMCG sector.
Britannia Industries Ltd. key Products/Revenue Segments include Food Products, Other Operating Revenue, Scrap, Royalty Income, Other Services for the year ending 31-Mar-2021.
Financials
For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 3660.77 Crore, up 5.68 % from last quarter Total Income of Rs 3463.93 Crore and up 4.81 % from last year same quarter Total Income of Rs 3492.61 Crore. Company reported net profit after tax of Rs 381.62 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 50.55 per cent stake in the company as of 30-Sep-2021, while FIIs owned 17.65 per cent, DIIs 11.52 per cent.
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SynopsisBritannia Industries Ltd., incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 84442.40 Crore) operating in FMCG sector.ET SpotlightPromoters held 50.55 per cent stake in the company as of 30-Sep-2021, while FIIs owned 17.65 per cent, DIIs 11.52 per cent.ICICI Securities has reduce call on Britannia Industries with a target price of Rs 3350. The current market price of Britannia Industries is Rs 3511.65. Time period given by analyst is one year when Britannia Industries Ltd. price can reach defined target. Britannia Industries Ltd., incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 84442.40 Crore) operating in FMCG sector. Britannia Industries Ltd. key Products/Revenue Segments include Food Products, Other Operating Revenue, Scrap, Royalty Income, Other Services for the year ending 31-Mar-2021. Financials For the quarter ended 30-09-2021, the company reported a Consolidated Total Income of Rs 3660.77 Crore, up 5.68 % from last quarter Total Income of Rs 3463.93 Crore and up 4.81 % from last year same quarter Total Income of Rs 3492.61 Crore. Company reported net profit after tax of Rs 381.62 Crore in latest quarter. Promoter/FII Holdings Promoters held 50.55 per cent stake in the company as of 30-Sep-2021, while FIIs owned 17.65 per cent, DIIs 11.52 per cent. (Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and hereby disclaims all warranties, express or implied, relating to the same. Please consult your financial adviser and seek independent advice.(What’s moving Sensex and Nifty Track latest market news, stock tips and expert advice on ETMarkets. Also, ETMarkets.com is now on Telegram. For fastest news alerts on financial markets, investment strategies and stocks alerts, subscribe to our Telegram feeds.) Download The Economic Times News App to get Daily Market Updates & Live Business News….morelessPick the best stocks for yourself Powered by 2 mins read5 mins read3 mins read3 mins read2 mins read2 mins read3 mins read4 mins read