Stock Market Update – Britannia Share Price Target Tomorrow 2024 To 2030

Britannia Industries Ltd is one of India’s leading food companies, known for producing a wide range of baked goods and dairy products. Established in 1892, the company has built a strong brand presence, particularly with its popular biscuit brands such as Good Day, Bourbon, and Marie. It also offers a variety of dairy products, cakes, and snacks, serving millions of consumers in India and abroad. Britannia Share Price on NSE as of 12 November 2024 is 5,038.00 INR. Here will provide you more details on Britannia Share Price Target 2024, 2025, 2026 to 2030.

Britannia Industries Ltd: Market Overview

• Open Price: ₹5,420.00
• High Price: ₹5,426.90
• Low Price: ₹5,005.00
• Previous Close: ₹5,434.65
• Volume: 2,441,209
• Value (Lacs): ₹122,733.00
• VWAP: ₹5,166.88
• UC Limit: ₹5,978.10
• LC Limit: ₹4,891.20
• P/E ratio: 55.47
• Div yield: 1.46%
• 52-wk high: ₹6,469.90
• 52-wk low: ₹4,626.00
• Mkt cap: ₹1.21LCr
• Face Value: ₹1

Britannia Industries Ltd Competitors

The four main competitors of Britannia Industries Ltd in the food products sector, according to market analysis, are:

1. Hindustan Unilever (HUL): With its vast product range in the FMCG sector, HUL is one of India’s biggest rivals in the food and beverages market, holding a market capitalization of over ₹6 lakh crores​.
2. ITC Limited: A major player in the FMCG space, ITC competes directly with Britannia in biscuits, snacks, and packaged foods, with a market capitalization of about ₹5.3 lakh crores​.
3. Nestlé India: Known for its diverse food products, including Maggi and dairy, Nestlé has a strong presence in the Indian market, with a market capitalization of around ₹2.7 lakh crores​.

4. Parle Products: Another key competitor in the biscuit and confectionery segment, Parle’s iconic Parle-G brand poses a significant challenge to Britannia, though it remains privately held.

Britannia Share Price Chart

Britannia Share Price Target Tomorrow 2024 To 2030

Britannia Share Price Target 2024

Britannia share price target 2024 Expected target could be ₹6080. Here are three key factors that could affect the growth of Britannia Industries Ltd in 2024:

• Rising Raw Material Costs: The cost of raw materials, such as wheat, sugar, and edible oils, has been a key factor impacting the profitability of food companies. Britannia’s ability to manage rising costs while maintaining product pricing will be a critical determinant of its 2024 performance. Fluctuations in commodity prices could affect margins and earnings​.
• Expanding Product Portfolio: Britannia’s continuous focus on innovation and diversifying its product offerings, including healthy snacks, dairy, and other premium segments, could drive growth in 2024. With an increasing trend toward healthier eating habits, the company’s ability to capture a larger share of this market will influence its revenue growth​.

• Market Penetration and Distribution: Britannia’s focus on expanding its reach in rural and semi-urban markets plays a crucial role in its growth. As the company continues to enhance its distribution networks and improve accessibility across India, it could witness increased consumer demand. This expansion strategy is key to driving sales growth in 2024.

Britannia Share Price Target 2025

Britannia share price target 2025 Expected target could be ₹7353. Here are three key factors that could affect Britannia Industries Ltd‘s growth in 2025:

• Focus on Health and Wellness Products: As consumers increasingly demand healthier food options, Britannia’s continued investment in expanding its portfolio of healthier snacks, low-calorie biscuits, and dairy products will be crucial. If the company successfully taps into this health-conscious trend, it can achieve growth by meeting evolving consumer preferences and increasing market share​.
• Strong Digital and E-Commerce Strategies: The rise of e-commerce and digital sales platforms presents an opportunity for Britannia to reach a broader audience. Its ability to leverage digital marketing and strengthen its online sales channels will help the company grow in 2025, especially as consumers increasingly shop online for grocery products​.

• Global Expansion and Export Growth: Britannia has made strides in expanding its reach beyond India, particularly in international markets. By strengthening its export strategy and entering new geographical regions, including emerging markets in Asia and Africa, Britannia could achieve significant growth by 2025.

Britannia Share Price Target 2030

Britannia share price target 2030 Expected target could be ₹14430. Here are three risks and challenges that could affect Britannia Industries Ltd‘s share price target in 2030:

1. Raw Material Price Volatility: The cost of essential raw materials like wheat, sugar, and edible oils can fluctuate significantly due to supply chain disruptions, climate change, and global market trends. These rising costs could squeeze Britannia’s profit margins, particularly if the company faces difficulty in passing on higher prices to consumers due to competitive pressure in the FMCG sector​.
2. Intensifying Competition: The Indian snack and bakery market is highly competitive, with major players like Parle Products, ITC, and local regional brands. As the market matures, Britannia may find it challenging to maintain its market share without consistent innovation, price strategies, and brand loyalty. New entrants and the growing trend of health-conscious products could also pose a threat to Britannia’s traditional product lines​.

3. Regulatory and Environmental Pressures: With growing scrutiny on food safety and sustainability, Britannia may face regulatory challenges related to packaging, labeling, and the use of preservatives. Additionally, there is increasing pressure to adopt sustainable practices like reducing plastic packaging and minimizing the environmental footprint.

Britannia Industries Ltd Shareholding Pattern

• Promoters: 50.55%
• FII: 17.90%
• Retail and Other: 15.18%
• DII: 9.13%
• Mutual Funds: 7.24%

FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE: https://www.britannia.co.in/

Britannia Industries Ltd Financials

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