NSE: BRITANNIA Share Price Financial Analysis & Valuation

Britannia Industries Ltd. is a Good Quality Stock as it is listed in as TOP 50 Quality Picks by NSE. BRITANNIA is having very good return on equity (ROE), financial leverage (Debt/Equity Ratio) and earning (EPS) growth variability analysed during the previous 5 years.

Britannia Industries Ltd. is good enough to Outperformed the market. BRITANNIA gives better return on an investment after adjusting for market-related volatility and random fluctuations as compared to market.

Britannia Industries Ltd. is also traded in Future & Options (Derivative segment of NSE).

Britannia Industries Ltd. is a high yielding company listed on NSE while meeting growth and stability requirements. BRITANNIA is also listed in Top 50 NIFTY Dividend Opportunities Company List.

In the past 1 year, Britannia Industries Ltd. has declared an equity dividend of Rs 72 per share. At the current share price of BRITANNIA at Rs 4744.60, this results in a dividend yield of 1.52 %.

As per the Fundamental Analysis of NSE:BRITANNIA, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine BRITANNIA underlying value and future prospects. All of this data is available in BRITANNIA financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:BRITANNIA, it is clearly understood that BRITANNIA is Economical performer in terms of earnings and profit margins with an EPS of 87.6. NSE:BRITANNIA book value per share as of today is 132.07. The current price to book ratio for BRITANNIA as of May 03, 2024 is 35.92.

Valuation of the Stock: The current valuation of BRITANNIA stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of BRITANNIA whether to BUY this stock at current valuation. The delivery percentage of BRITANNIA is 92.65% is very crucial parameter which shows that 92.65% investors are anticipating that the price of BRITANNIA share should go up with VWAP at 4735.53.

Now, the main question is whether to BUY or SELL, NSE:BRITANNIA at current valuation.
As per latest Analysis No. #1499:-

⇑ STRONG BUY BRITANNIA if All Greens

⇗ BUY BRITANNIA (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD BRITANNIA (With Stop Loss) if only 1 Green

⇘ SELL BRITANNIA if NO Green Indicator

NSE: BRITANNIA Share Price Today (May 03, 2024)

(Britannia Industries Ltd. Daily Analysis on the basis of BRITANNIA Intraday Graph & Trend)

Britannia Industries Ltd. share price moved Down by -0.32% from its previous close of Rs 4759.65. BRITANNIA stock last traded price is 4744.60. BRITANNIA share price trend is Down with a total of 262493 stocks traded till now. It has touched an intraday high of Rs 4781.10 and an intraday low of Rs 4707.90. The BRITANNIA trading at 4744.60, Down by Rs. -15.05, or -0.32 percent which suggests that most of the Traders are anticipating that the price of BRITANNIA share should go Down.

NSE: BRITANNIA Share Price Tomorrow Prediction

(Britannia Industries Ltd. Share Price Prediction for Tomorrow & future forecast is based on Current Trend of BRITANNIA)

Britannia Industries Ltd. share price moved Down by -0.32%. BRITANNIA share price short term trend is Down. It suggests that BRITANNIA Share Price for Tomorrow remains the same with VWAP at 4735.53 will be treated as stop loss for intraday traders. Britannia Industries Ltd. Long term investors can follow the BRITANNIA long term trend as mentiond in future forecast table.

NSE:BRITANNIA News & Other Useful Information about BRITANNIA Share Price

Peer Comparison of NSE: BRITANNIA

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Food Processing