Britannia Industries is one of the leading food companies with 100 Years Legacy and Accounts 90% of the Business from Biscuit and holds strong market share

From March 22 low now 47% up or trading at Life time High

Sales of the Company from last 4-5 Quarter gradually increasing i.e from Rs 3575Cr to Rs 4197 Cr in Q3 FY23 bu its lower than Q2 FY23 i.e 4380 Cr

This Time Company paid Tax 19% where Avg Tax stands around 26% leads to Boom the Profit Fll also increasing the stake from 16.65% to 18.46% in last 3 Quarter

Company Trading at Life time High Company PE is 60 and Avg PE 50 10 Years P/B 54 where Avg 10 Years 20 So valuations are Expensive one should wait near

3800-4000

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