Profit

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

NSE
303.95
Change Change %
4.30 1.44%

Updated:21 Sep, 2018, 15:59 PM IST

BSE
303.75
Change Change %
4.10 1.37%

Updated:21 Sep, 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.

Top