NEW DELHI: Shares of Britannia Industries Ltd. traded 3.02 per cent down in Thursday 's trade at 11:03AM (IST). Around 11226 shares changed hands on the counter.

The stock opened at Rs 2999.0 and touched an intraday high and low of Rs 2999.0 and Rs 2869.2 , respectively, in the session so far. Shares of the company quoted a 52-week high of Rs 3443.9 and a 52-week low of Rs 2100.55 .

Market cap of the company stood at Rs 69388.33 crore on May 07

Key Financials
The company reported consolidated sales of Rs 2935.98 crore for the quarter ended 31-Dec-2019 , down -2.88 per cent from previous quarter's Rs 3022.91 crore and down 3.84 per cent from the year-ago quarter's Rs 2827.4 crore.

Bottomline for the latest quarter stood at Rs 372.63 crore, up 23.92 per cent from the corresponding quarter last year .

Shareholding pattern
As of 31-Mar-2020 , domestic institutional investors held 15.35 per cent stake in the firm , while foreign institutional investors held 14.71 per cent and the promoters 0.01 per cent.


Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 52.36 and a price-to-book ratio of 16.18 . A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.

Britannia Industries Ltd. belongs to the FMCG Food & Beverages industry.