Profit

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

NSE
274.50
Change Change %
-1.95 -0.71%

Updated:15 Nov, 2018, 15:58 PM IST

BSE
274.45
Change Change %
-2.00 -0.72%

Updated:15 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Macquarie
N/A
25-08-2016 Buy 250.20 304.00
N/A
Target Hit Long (1Y)
25-08-2017

Macquarie maintains outperform on ITC

ITC is trading at around 22 times its FY18 earnings (ex-FMCG). Its valuation discount with other peers is likely to narrow. Lower price hike for cigarettes will support volumes. Its earnings is likely to growth a compound annual growth rate of 14 per cent over FY16-19.

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