Add Britannia Industries, target price Rs 5,650: HDFC Securities
HDFC Securities has an add call on Britannia Industries with a target price of Rs 5650. The current market price of Britannia Industries Ltd. is Rs 4963.35. Britannia Industries, incorporated in 1918, is a Large Cap company with a market cap of Rs 120699.10 crore, operating in the FMCG sector.
Britannia Industries’ key products/revenue segments include Food Products, Other Operating Revenue, Scrap, Royalty Income for the year ending 31-Mar-2024.
Financials
For the quarter ended 30-09-2024, the company has reported a Consolidated Total Income of Rs 4713.57 crore, up 9.47% from last quarter Total Income of Rs 4305.90 crore and up 5.09% from last year same quarter Total Income of Rs 4485.23 crore. Company has reported net profit after tax…
