Britannia share price target registered a 4% growth in prices during Q2-FY22 and is expected to flow in the gains of weight loss in FY2-FY22. Although CLSA still believes that the stock is “ineffective” in the UK, the limited pricing will help FMCG acquire the stock. In addition, Britannia’s management also said in its earnings report that the company will raise prices in the future.
Britannia share price target
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“The share price is currently trying to break the multi-year barrier of Rs 520-530. HDFC Securities said the stock made higher and lower levels on the daily and weekly charts. The stock price has broken out of the downtrend line on the monthly chart and is trading above all major moving averages, indicating a permanent bullish trend. However, the broker said that the stock is slowly retreating and we can expect Rs 480 from that in the short term.
HDFC Securities said it has advised buy to Axis Bank Ltd at CMP level with average price of 475 and targets above 590 and 640 while maintaining stop loss near 448. The broker said that the shares of Axis Bank Ltd. saw a rise in price. After a sharp drop in September 2020, an outstanding jump on the subsequent 20 October. Taking into account the above price and volume dynamics and the location of the momentum oscillator, those brokers help predict which stocks will outperform in the short term.
We maintain our ADD recommendation for the stock with a target price of INR 360, valuing the stock at 36x Mar-23E NOPLAT + Mar-22E Cash & Investment. Market share will continue to improve significantly for eight consecutive years as the company expands from its peers. in international markets; Revenue from Nepal increased +26% year-on-year driven by market share growth.
As Britannia Industries share price is on an upward trend, we believe similar market segments have been very popular over time. We try to forecast the probable targets for the Britannia India stock in the coming years.
For 2025, we can see two possible targets that the share price of Britannia Industries will easily exceed: the first is around Rs 6,060 and the second is around Rs 6,486, as I said earlier the company’s share prices will move higher. Will go A positive trend in the future, and the share prices of this company will increase day by day in the coming years.
I am confident that Britannia Industries will maintain its leading position in the bakery industry through the end of this decade and this will also be reflected in the rise in share prices, so we have set a potential target they can achieve – around Rs. 7697 and another possible target they can cross is around Rs 9778.
We can estimate that the first target price for the share is around Rs 4,404 and after crossing this target, Britannia Industries share price will show a downward trend for some time, which is a real downside of any share price. feature.
The target we can estimate for FY2023 is around Rs 4,683. The time period specified by the analyst is one year during which Britannia Industries Ltd price may attain a specific target.
Britannia Share Price Targets 2022, 2023, 2024, 2025 and 2030
Britannia Stock Price Forecast for Day and Tomorrow – Using the MACD Indicator Take a look at the Britannia Stock Price Forecast using the MACD Indicator to see whether you should buy, sell or hold those stocks to trade.
Check Britannia target price daily for intraday forecast and Britannia share price tomorrow for short term trading and long term investment. Plus, learn about UK forecasts provided by the best Intraday indicators for short and long term investments. This indicator will help you make a very informative decision about whether to invest in the UK or not.
This indicator can help the traders to predict the stock prices and trade accordingly. If the price touches the buy point, you can buy the stock, or if the price touches the sell point, you can sell a short position. Emkay Global repurchased shares of Industries Limited with a target price of Rs 4,300. Macquarie’s neutral bid target price for Britannia is Rs 3,600 per share.
Ventura Brokerage informed that they have started hedging with a buy to Godrej target price of Rs. As a result, we have reduced our earnings per share estimate by 6-13% during AF22-23.
Berry also said that the company is assessing the long-term impact of rising production costs to respond to the needed price hike. Britannia CEO Varun Berry said the year was “tough and challenging in every way” for the company.
The company reported net income after tax of Rs 386.80 crore in the most recent quarter. As of June 30, 2021, the organizers held 50.6% of the company’s capital, while FII held 18.4%, DII 11.2% and the public and others 19.9%.
As of September 2021, the company’s founders owned 50.55% of Britannia’s capital without pledging any shares. In 1978, the company made an emissions announcement, in which India’s share exceeded 60%.
The company was reborn in 1997, leading the new mission of “making a third of Indians British consumers” with a new brand logo “Eat Healthier, Think Better”. In the same year, BIL entered the dairy market. In the same year, the company launched Britannia Milkman Butter, a product under the Milkman brand.
Britannia Share Price 2022
January 2022 | 3672.720 | 3703.10 | 3669.770 | 3707.720 | 0.82% |
February 2022 | 3700.080 | 3691.120 | 3675.560 | 3700.080 | -0.24% |
March 2022 | 3690.610 | 3678.420 | 3660.300 | 3693.100 | -0.33% |
April 2022 | 3678.860 | 3728.890 | 3678.860 | 3747.50 | 1.34% |
May 2022 | 3724.720 | 3792.210 | 3715.120 | 3792.210 | 1.78% |
June 2022 | 3793.260 | 3836.130 | 3793.260 | 3836.130 | 1.12% |
July 2022 | 3835.040 | 3873.560 | 3835.040 | 3875.240 | 0.99% |
August 2022 | 3883.270 | 3969.920 | 3883.270 | 3974.070 | 2.18% |
September 2022 | 3972.850 | 3969.720 | 3953.540 | 3972.850 | -0.08% |
October 2022 | 3976.540 | 3967.800 | 3965.840 | 3979.790 | -0.22% |
November 2022 | 3966.180 | 3968.220 | 3958.480 | 3968.550 | 0.05% |
December 2022 | 3973.820 | 3975.390 | 3972.410 | 3995.710 | 0.04% |
Britannia Share Price Target 2023
January 2023 | 3975.850 | 4004.960 | 3972.120 | 4010.780 | 0.73% |
February 2023 | 4001.210 | 3992.350 | 3978.410 | 4003.070 | -0.22% |
March 2023 | 3991.120 | 3976.910 | 3963.440 | 3995.460 | -0.36% |
April 2023 | 3992.110 | 4034.780 | 3992.110 | 4050.150 | 1.06% |
May 2023 | 4030.360 | 4092.070 | 4016.970 | 4092.070 | 1.51% |
June 2023 | 4098.990 | 4134.950 | 4098.510 | 4136.110 | 0.87% |
July 2023 | 4144.920 | 4182.950 | 4144.920 | 4182.950 | 0.91% |
August 2023 | 4184.080 | 4276.570 | 4184.080 | 4276.670 | 2.16% |
September 2023 | 4272.460 | 4270.630 | 4256.450 | 4272.460 | -0.04% |
October 2023 | 4277.870 | 4269.340 | 4269.160 | 4282.590 | -0.2% |
November 2023 | 4266.940 | 4274.260 | 4261.440 | 4274.260 | 0.17% |
December 2023 | 4272.730 | 4279.810 | 4272.730 | 4297.950 | 0.17% |
Britannia Share Price Target 2024
January 2024 | 4279.420 | 4306.020 | 4274.960 | 4313.300 | 0.62% |
February 2024 | 4308.140 | 4297.410 | 4281.410 | 4308.140 | -0.25% |
March 2024 | 4294.710 | 4275.570 | 4266.290 | 4298.190 | -0.45% |
April 2024 | 4289.460 | 4332.420 | 4289.460 | 4352.490 | 0.99% |
May 2024 | 4327.980 | 4397.600 | 4319.220 | 4397.720 | 1.58% |
June 2024 | 4408.690 | 4434.950 | 4408.690 | 4436.220 | 0.59% |
July 2024 | 4444.770 | 4484.130 | 4444.770 | 4484.130 | 0.88% |
August 2024 | 4490.500 | 4576.100 | 4490.040 | 4579.860 | 1.87% |
September 2024 | 4576.440 | 4579.000 | 4559.530 | 4579.000 | 0.06% |
October 2024 | 4579.020 | 4573.510 | 4570.100 | 4585.580 | -0.12% |
November 2024 | 4569.830 | 4573.200 | 4563.810 | 4574.900 | 0.07% |
December 2024 | 4581.990 | 4581.090 | 4581.090 | 4600.950 | -0.02% |
Britannia Share Price 2025
January 2025 | 28650.50 | 28790.20 | 28650.50 | 28806.20 | 0.49% |
February 2025 | 28770.10 | 28851.50 | 28746.70 | 28859.80 | 0.28% |
March 2025 | 28849.70 | 29003.20 | 28787.00 | 29003.20 | 0.53% |
April 2025 | 29034.30 | 29485.80 | 29034.30 | 29532.50 | 1.53% |
May 2025 | 29490.70 | 29821.60 | 29454.90 | 29821.60 | 1.11% |
June 2025 | 29845.80 | 29948.50 | 29845.80 | 29948.50 | 0.34% |
July 2025 | 29961.20 | 30303.00 | 29961.20 | 30303.00 | 1.13% |
August 2025 | 30291.50 | 30685.60 | 30290.50 | 30685.60 | 1.28% |
September 2025 | 30717.80 | 30726.90 | 3071.70 | 30774.30 | 0.03% |
October 2025 | 30743.80 | 31181.80 | 30743.80 | 31181.80 | 1.4% |
November 2025 | 31217.20 | 31340.60 | 31217.20 | 31346.20 | 0.39% |
December 2025 | 31361.30 | 31700.90 | 31361.30 | 31700.90 | 1.07% |
The Board of Directors of Britannia Industries in its meeting on 9th February, 2016 reviewed and approved the draft agreement pursuant to Articles 391-394 of the Companies Act of 1956 to set up the Production and Retail Divisions of Daily Bread Gourmet. Foods (India) Private Limited is a wholly owned subsidiary of Britannia Industries, a subsidiary of Britannia Industries.
It is one of the large cap companies with a market cap of Rs 89,483.8 (in Crores). The company’s operating profit has grown steadily and increased from 4% in 2009-2010 to 18% this year, making it one of the most profitable food companies in the world.
In addition, opportunities for increasing market share are increasing. Despite being the largest player in the cookie industry, BRI’s market share dates back to the mid-1930s.
Britannia Biscuit took over distribution of Parry’s Biscuit in 1975. 2015 marks the 60th anniversary of Britannia Bourbon, India’s first premium chocolate chip cookie. A year later, in 2003, BIL launched the most successful Treat Duet of the year and the Britannia Khao Jao World Cup rocked consumer life again.
Currently, there appears to be a trend in which stocks in this sector(s) have been popular during this period. Britannia Industries Ltd stock may try to reach or even cross these levels in the monthly sessions. The performance data provided represents past results and does not guarantee future results.
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