BBTC buy or pass @1275

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by investor1997, Sep 19, 2017.

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BBTC buy or pass @1275

  1. Yes still worth

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  2. No wait for market dips

    1 vote(s)
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  1. investor1997

    investor1997 New Member

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    BBTC owns Britannia 50% means 26000 market cap + 14% bombay dying but BBTC is at 8000 market cap so should I buy it?

    I am confused because stock has already surged 8 times so is it still worth?
     
  2. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    28 % of promoters stake is in pledge
     
  3. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    BBTC owns Bombay dying shares 31550713 ( 15.28%) Rs. 632 Cr.

    Britania investment through subsidiary please give details ???
     
  4. investor1997

    investor1997 New Member

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    sir bbtc holds 50.8% of Britannia as mentioned in annual report
     
  5. investor1997

    investor1997 New Member

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  6. investor1997

    investor1997 New Member

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    sir you think investment still worth?
     
  7. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    @ investor1997 ji ,

    BBTC market cap is Rs. 8900 Cr.

    Britania total market cap is Rs. 52000 Cr.
    Bombay Dyeing total market cap is Rs. 3640 Cr.

    in the how much BBTC holding value clearly mention sir ?
    it will reflect original value of company
     
  8. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    BBTC owns Bombay dying shares 31550713 ( 15.28%) Rs. 632 Cr.

    BBTC owns how many total share in Britania ?
     
  9. investor1997

    investor1997 New Member

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    Sir 50.8% own Karti ha
     
  10. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    @investor1997 sir ,

    Britania total market cap Rs. 52000 Cr.
    in that 50 % is Rs. 26000 Cr.
    BBTC owns Bombay dying shares 31550713 ( 15.28%) Rs. 632 Cr.

    Total value of shares both 2 companies Rs. 26632 Cr. approx

    Present BBTC market cap is Rs. 9711 Cr. aprox

    so it is a good stock ..... my question is if BBTC having holding in Britania 50.8 % ???
    if it is true it is worth buying ...but my question is in my data source from my stock broker showing
    Foreign Promoter having 50.70 % stake in Britania ????

    so it is very vital point to find Britania stake exactly ???
     
  11. investor1997

    investor1997 New Member

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    Sir Britannia is partially owned subsidiary with non controlling interest
    Sir on 260 page exact amount of shares also mentioned (268198 lakh rupees worth)
     
  12. RAMA MURTHY SASTRY CHALLA

    RAMA MURTHY SASTRY CHALLA Well-Known Member

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    @ investor 1997 sir ,
    BBTC owns Bombay dying shares 31550713 ( 15.28%) Rs. 632 Cr.

    BBTC owns Britania shares value 2681.98 Cr.

    Total value of shares both 2 companies Rs.3313.98 Cr. approx

    Present BBTC market cap is Rs. 9711 Cr. aprox

    so it is not advantage stock
     
  13. investor1997

    investor1997 New Member

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    Ok rama sir ji got it, thank you ji.
     
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