Profit

BSE Code: | NSE Code: | ISIN: | Sector:

NSE
281.40
Change Change %
-2.45 -0.86%

Updated:21 Nov, 2018, 11:49 AM IST

BSE
281.50
Change Change %
-2.10 -0.74%

Updated:21 Nov, 2018, 11:51 AM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
10-06-2015 Sell 300.80 290.00
N/A
Target Hit Custom
10-06-2016

Nomura Downgrades ITC to reduce from Neutral

Nomura has downgraded ITC to 'reduce' from 'neutral' with target price of Rs 290 per share. Nomura says that it expects company to grow at a slower pace and also says that risks are there to the slow growth trajectory as well. It says that the stock trades at a 30 per cent discount to the average of sector and going ahead downside risks to cigarette business growth are increasing.

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