I am holding BBTC at higher price and in loss
And I like to mention few things here
1.BBTC hold 50.55% indirectly holds Britannia
2. Bombay dyeing 44%
3. Go air 36-40%
12000 acre of tea and coffee estates
Dental and auto components manufacturing
Horticulture
Why company is in discount
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Dividend received by Britannia is not disbursed among shareholders instead they are re-invested into loss making business like tea and go air
Which company is not going to show any earning growth -
Britannia is not moving anywhere since 2018
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Issue with promoters in Bombay dyeing issue
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Halt in Go air ipo
Why company should go up in future
- Definitely positive in Britannia business
- Coffee and tea business growth
- Go air ipo
- Bombay dyeing demerger if it happens
Look at above two images
- Pattern is same as before where accumulation was being done for years
- FII DII or Promoters still staying strong but price falling down means they are accumulating for lower prices
- Majority shares hold by strong hands so it is highly operated stock
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