Date 10.04.2025
Britannia Industries
Timeframe : Weekly
About Company Insights ::
1 Britannia Industries is one of India's leading food companies with a 100 year legacy and annual revenues in excess of Rs. 9000 Cr
2 Market Leader in the Biscuit segment (80% of the revenue)
3 The company is one of the largest players in the organized bread market with an annual turnover of over 1 lac tons in volume and Rs.450 crores in value
4 Distribution Network FY24
No. Of Rural Distributors - 30,000
No. of Outlets - ~28 lakh
5 Geographical Revenue Split
Exports : 5.5%
Domestic : 94.5%
Techincal Set-up
1 Formed Head & shoulder on the top
2 Longs - Keep shoulder tops zone as strict stoploss & trail
3 Below shoulder tops avoid being in long trades
4 If drops below shoulder tops + moves below mean reversion then can enter shorts, shoulder tops being again as stoploss for short carry
Regards,
Ankur
Britannia Industries
Timeframe : Weekly
About Company Insights ::
1 Britannia Industries is one of India's leading food companies with a 100 year legacy and annual revenues in excess of Rs. 9000 Cr
2 Market Leader in the Biscuit segment (80% of the revenue)
3 The company is one of the largest players in the organized bread market with an annual turnover of over 1 lac tons in volume and Rs.450 crores in value
4 Distribution Network FY24
No. Of Rural Distributors - 30,000
No. of Outlets - ~28 lakh
5 Geographical Revenue Split
Exports : 5.5%
Domestic : 94.5%
Techincal Set-up
1 Formed Head & shoulder on the top
2 Longs - Keep shoulder tops zone as strict stoploss & trail
3 Below shoulder tops avoid being in long trades
4 If drops below shoulder tops + moves below mean reversion then can enter shorts, shoulder tops being again as stoploss for short carry
Regards,
Ankur
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.