BSE Code: | NSE Code: | ISIN: | Sector:
Research Report Detail
|Report Date||Call||Price@Call||Target Price
|Current Status||Time Horizon|
|Bank of America Merrill Lynch
|Closed|| Long (1Y)
Bank of America Merrill Lynch ups target on ITC
Expect volume pick-up in cigarettes in second half of FY14. Expect ITC to post a robust Q2. Sustained improvement in FMCG profitability is the key. Target increased from Rs 370 to Rs 399.