TheScreener - Britannia Industries Ltd (BRITANNIA) BRITANNIA INDUSTRIES suffers a double requalification, which weighs heavily on its rating, now at Neutral.

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EUR 13.97 For Business Accounts Only

BRITANNIA INDUSTRIES suffers a double requalification, which weighs heavily on its rating, now at Neutral.

The independent financial analyst theScreener just downgraded the general evaluation of BRITANNIA INDUSTRIES (IN), active in the Food Products industry. As regards its fundamental valuation, the title loses a star(s) and now shows 0 out of 4 stars. Its market behaviour is also negatively reassessed and may be considered as moderately risky. theScreener believes that this double requalification keeps the title under pressure and justifies an overall rating downgrade to Neutral. As of the analysis date March 8, 2022, the closing price was INR 3,113.75 and its target price was estimated at INR 2,958.06.

09/03/2022 1 EN

Underlying

Britannia Industries Ltd

Britannia Industries is a food-products corporation based in India. Co.'s principal activity is the manufacture and sale of biscuits, bread, rusk, cakes and dairy products. Co. manufactures and distributes products such as biscuits, high protein foods for children as well as digestive-aided ingredients for older adults, convenience foods such as powdered dairy creamers, breads, cookies, snack-cakes and rusk, crackers, cheese, marine products and other related food products. Co.'s brand of products include Tiger, Mariegold, Treat, 50-50, Good Day, Milk Bikis, Little Hearts, Pure Magic, NutriChoice Bread and Milkman.

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INE216A01030 National Stock Exchange of India India

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BRITANNIA INDUSTRIES suffers a double requalification, which weighs heavily on its rating, now at Neutral.

Empowering Investors

MOSL: BRITANNIA INDUSTRIES (Buy)-Sales momentum healthy; ICD reduction a significant positive

Vermilion Int'l Compass: Global Equity Strategy

AC ENERGY CORP increases its risk exposure and slightly lowers to Neutral

With a more favourable environment, VUKILE PROPERTY improves to Positive

An unfavourable environment weighs on ROYAL BAFOKENG PLATINUM, which sees a downgrade to Slightly Negative

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