Why is Britannia Inds. falling/rising?
As of 22-Sep, Britannia Industries Ltd's stock price is at 6,040.00, down 0.43% over the last four days, but up 8.40% for the month. Despite recent declines, strong management efficiency and rising investor interest may stabilize the stock's price moving forward.
As of 22-Sep, Britannia Industries Ltd's stock price is currently at 6,040.00, reflecting a decline of 26.05 points or 0.43%. The stock has been experiencing a downward trend, having fallen for the last four consecutive days, resulting in a total decline of 2.86% during this period. Despite this recent downturn, the stock has shown positive performance over the past month with an increase of 8.40%. The company benefits from high management efficiency, evidenced by a return on capital employed (ROCE) of 61.43%, and a low debt to EBITDA ratio of 0.24, indicating a strong ability to service its debt. Additionally, the stock has a substantial institutional holding of 34.25%, which often reflects confidence in the company's fundamentals.Broader market context indicates that while Britannia's stock has underperformed in the short term, with a 1-week decline of 2.79%, the benchmark Sensex has gained 0.46% during the same period. This suggests that the stock's recent struggles are not entirely reflective of broader market trends. However, the stock's performance over the year shows a decline of 3.36%, contrasting with the Sensex's slight drop of 2.82%, further highlighting the stock's relative weakness. Despite these challenges, rising investor participation, as indicated by a 30.37% increase in delivery volume, suggests that there may be underlying interest in the stock, potentially stabilizing its price in the future.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
