Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
5959.90
Change Change %
-106.50 -1.76%

Updated:19 Sep, 2018, 15:56 PM IST

BSE
5956.30
Change Change %
-104.50 -1.72%

Updated:19 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
15-02-2017 Hold 3213.50 2950.00
N/A
Target Hit Long (1Y)
15-02-2018

Religare maintains hold on Britannia Industries

Religare has maintained its 'hold' call on Britannia Industries for target price of Rs 2,950. It says Britannia's Q3 results were ahead of estimates with a steady base business volume performance despite demonetisation. Religare retains its estimates wherein it bakes in higher input costs year on year and range-bound EBITDA margins over FY17-FY19 (aided by pricing action and cost-saving initiatives).

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