Analyst's Picks: MID CAP : Antique Stock Broking & Motilal Oswal Securities
After witnessing consistent drop for four years, Bri-tannia’s market share has stabilised over the last two years, both in value and volume terms.
By ET Bureau |
Antique Stock Broking & Motilal Oswal Securities
Britannia Industries
CMP: Rs 1,315
After witnessing consistent drop for four years, Bri-tannia���s market share has stabilised over the last two years, both in value and volume terms. Going ahead, Britannia���s sales would be driven by Good Day, growing at 25-30% in the premium category and Tiger brand, growing at 18-20% in the value-for-money category.
Britannia Industries
CMP: Rs 1,315
After witnessing consistent drop for four years, Bri-tannia���s market share has stabilised over the last two years, both in value and volume terms. Going ahead, Britannia���s sales would be driven by Good Day, growing at 25-30% in the premium category and Tiger brand, growing at 18-20% in the value-for-money category.
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