BRITANNIA -Bullish Pennant Breakout -Daily

BRITANNIA -Bullish Pennant Breakout: Daily

Name - BRITANNIA
Pattern - Bullish Pennant
Timeframe - Daily
Status - Breakout
Volume - Good
Cmp - 5922
Target - 6400
SL - 5865

Pattern : Bullish pennant
A bullish pennant pattern is a pattern in technical analysis that signals a bullish trend continuation after a brief market price consolidation during an already established price uptrend. A bullish pennant is a bullish continuation pattern and not a reversal pattern. A bullish pennant's alternative name is a "rising pennant pattern".

Here are some key fundamental ratios and metrics for Britannia Industries Ltd.:

Key Financial Ratios:
Price to Earnings (P/E) Ratio: 63.48
Price to Book (P/B) Ratio: 40.39
Return on Equity (ROE): 76.04% (FY 2023)
Return on Capital Employed (ROCE): 55.50% (FY 2023)
Debt to Equity Ratio: 0.56
Net Profit Margin: 11.5%
Operating Profit Margin: 15.3%
Earnings Per Share (EPS): ₹83.45

Financial Highlights:
Market Capitalization: ₹1,00,000 crore
Revenue Growth (YoY): 13.2%
Dividend Yield: 1.5%
These metrics provide a snapshot of Britannia Industries Ltd.'s financial health and performance.

BRITANNIAPennant

Disclaimer