Profit

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

NSE
276.45
Change Change %
-0.40 -0.14%

Updated:14 Nov, 2018, 15:59 PM IST

BSE
276.60
Change Change %
-0.30 -0.11%

Updated:14 Nov, 2018, 16:01 PM IST

Research Report Detail

Brokerage
Analyst
Report Date Call Price@Call Target Price
Stop Loss
Current Status Time Horizon
Nomura
N/A
07-07-2017 Buy 335.00 389.00
N/A
Closed Long (1Y)
07-07-2018

Nomura maintains buy on ITC

Nomura has maintained buy on ITC and sees strong earnings revival. It says that the last couple of years have been quite tough for ITC, with the general consumer demand being on a downward trajectory and then demonetisation derailing growth for a couple of quarters. Nomura believes that most of these factors are now out of the way and a strong earnings revival is likely. Nomura has raised target price of ITC to Rs 389 and sees GST as a key positive catalyst for ITC.

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