BRITANNIA Company Website
britannia.co.in
Presence in more than 60+ countries across the globe
Top 3 FMCG giant India
Ex RBI Governor Urjit Patel is the Additional Director of board.
Sales are flat/ slow riser, cash flow has 4x'd in 5 years = looking at small expansions in Africa, one of the areas it sells along with the Middle East, Nepal
No pledged shares, net debt positive ( Assets much larger than liabilities )
BRANDS-
Good Day, Tiger, NutriChoice, Milk Bikis and Marie Gold ( Biscuits, Bread, Cakes, Rusk, and Dairy products including Cheese, Beverages, Milk and Yoghurt. )
Britanniainvestment
Britannia on its fourth attempt to break the hurdleBritannia gave us a buy signal at 2865 then made a high of 3288 and then retraced back to 2865 took a support at the earlier resistance of 2865,Now it is again giving an attempt to cross 3196 for the fourth time.Let's wait and see the candle formation near this big hurdle and then we will decide the futher course of action.But keep on radar this will be a very good trade in near term.