Company: ITC Ltd. Category: Independent Research

ITC is a diversified conglomerate, present across categories– Cigarettes, Other FMCG, Hotels, Paper & Agri-business. ITC is a market leader in the cigarettes category with volume market share of ~75%. Valuation: Given ITC’s leadership position in cigarette category, continued investment in FMCG business and favourable risk reward, we recommend ‘BUY’ rating on the stock with …
Sept. 24, 2018, 1:13 p.m.

HDFC Securities is bullish on ITC has recommended buy rating on the stock with a target price of Rs 367 in its research report dated July 27, 2018.
Aug. 1, 2018, 4:39 p.m.

Recently few of its businesses have witnessed encouraging growth traction –volume growth in FMCG business, growth outlook in hotel business and paper business and now stabilization in cigarettes.
July 27, 2018, 1:48 p.m.

When everything is going down, the best mindset to have is a long term one. Longstanding stocks such as ITC Limited has fared well over time in a volatile stock market, which is why it’s my top pick to invest in.
May 28, 2018, 2:33 p.m.

India is a developing economy, which means it has better job opportunities, offering better salaries, giving higher disposable income in the hands of working population, which they spend on improving their quality of life and standard of living.
Sept. 13, 2017, 4:03 p.m.

Most think it was the increase in taxes announced by the government, but there's more to it than that.
Aug. 2, 2017, midnight

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