Tag: equity research
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Britannia Industries – A Premiumization Play in Foods
23rd April 2015 CMP: Rs 2151 Large Cap – Mkt Cap 26,000 crores Advice: BUY, with a target of Rs 3168, a 47.3% appreciation by Mar’17. Summary Britannia rides not just the consumption theme, but within that the large food segment and also commands a premium image. Britannia is a powerful brand in this space. As…
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Page Industries – The Jockey Rides Too Fast
Date: 13 Jan 2015 CMP: Rs 11,766 Mid Cap – with Mkt Cap 13,020 crores Advice: HOLD now, and buy on dips Overview: Page Industries with the Jockey franchise in India is a pioneer of the premium innerwear market. It is extending the success in menswear to womens wear and active wear, and with the…
