Britannia Industries is currently trading at Rs 466.15, up by 12.55 points or 2.77% from its previous closing of Rs 453.60 on the BSE.
The scrip opened at Rs 464.00 and has touched a high and low of Rs 469.50 and Rs 455.50 respectively. So far 2604 shares were traded on the counter.
The BSE group 'B' stock of face value Rs 2 has touched a 52 week high of Rs 498.00 on 01-Jul-2011 and a 52 week low of Rs 324.00 on 10-May-2011.
Last one week high and low of the scrip stood at Rs 469.50 and Rs 449.10 respectively. The current market cap of the company is Rs 5418.29 crore.
The promoters holding in the company stood at 50.96% while Institutions and Non-Institutions held 27.21% and 21.83% respectively.
Britannia Industries is likely to enter different segments of food and beverages industry as it plans aggressive moves beyond its mainstay biscuits business. The company has been trying to put its brand appeal to greater use by foraying into dairy, baked snacks and ready-to-cook breakfast segments. In the coming days, Britannia will launch gourmet cheese, adding a new product to its dairy business, which accounts for about 5% of its sales.
The company came up with Treat Choco Decker, a product that straddles both the biscuit and chocolate domains, in March last year while in January, it launched its 'Healthy Start' range of ready-to-cook breakfast foods. It has tiptoed into specialty breads and retail with the acquisition of Daily Bread in 2009, which remains confined largely to Bangalore, Hyderabad and Goa. Its 'Healthy Start' range is still being piloted in Mumbai while baked snack Time Pass is being tested in Bangalore.
The entity’s net profit for the quarter ended June 30, 2011 surged by 27.32% at Rs 41.80 crore as compared to Rs 32.83 crore for the corresponding quarter last year. Its net sales grew by 21.36% at Rs 1106.29 crore for the quarter under review from Rs 911.54 crore for the same quarter last year.
Britannia, one of the India’s biggest brands of the country, has a market share of 33%. More-than-a-century old Britannia has launched big brands in FMCG Segment. The company is expanding its customer base by launching new products and renovating existing ones
| Company Name | CMP |
|---|---|
| Nestle | 2233.30 |
| Britannia Inds | 4920.00 |
| Varun Beverages | 632.95 |
| Marico | 598.20 |
| Hatsun Agro Product | 1095.45 |
| View more.. | |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Download APP
