Profit

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

NSE
303.25
Change Change %
1.25 0.41%

Updated:18 Sep, 2018, 15:59 PM IST

BSE
302.60
Change Change %
0.70 0.23%

Updated:18 Sep, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Religare
N/A
22-07-2016 Buy 251.65 270.00
N/A
Target Hit Long (1Y)
22-07-2017

Religare maintains buy on ITC

ITC's cigarette volume growth at 3 per cent was better than expectation. We believe current valuation at 25 times FY18 estimated earnings seem fair given a 12.6 per cent earnings CAGR expectation over FY16 to FY19 and 40 per cent return on capital profile.

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