Buy Britannia Industries, target Rs 5,250: Sagar Doshi

Sagar Doshi of Edelweiss Financial Services has a buy call on Britannia Industries with a target price of Rs 5,250.

The current market price of Britannia Industries is Rs 4,959.70.

Time period given by the analyst is 'Intra Day' when Britannia Industries price can reach defined target.


Sagar Doshi recommended to keep a stop loss at Rs 4,790.

Britannia Industries, incorporated in the year 1918, is a Large Cap company (having a market cap of Rs 59,545.74 Crore) operating in Food Processing sector.

The company’s top management includes Dr.Ajai Puri, Dr.Ajay Shah, Dr.Y S P Thorat, Mr.A K Hirjee, Mr.Avijit Deb, Mr.Jeh N Wadia, Mr.Keki Dadiseth, Mr.Keki Elavia, Mr.Ness N Wadia, Mr.Nimesh N Kampani, Mr.Nusli N Wadia, Mr.S S Kelkar, Mr.Varun Berry, Mrs.Ranjana Kumar.

Company has B S R & Co. LLP as its auditors.

As on 31-12-2017, the company has a total of 120,059,148 shares outstanding.