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- The September quarter results of ITC Ltd were a mixed bag but brokerages said its stock remains a 'Buy', thanks to stable cigarette business, decent earnings visibility at reasonable valuations and attractive dividend yield, in the backdrop of high inflation and continued weakness in industry-wide rural sales.
www.businesstoday.in/markets/company-stock/story/itc-shares-fall-post-q2-results-should-you-buy-hold-or-sell-402711-2023-10-20ITC shares fall post Q2 results: Should you buy, hold or sell?
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Is ITC (ITC) a 'buy'?
Is ITC a good stock to buy?
What is the target price for ITC share?
What brokerages said on ITC shares & ITC Q1 results?
May 24, 2024 · ITC share price target: Should you buy, sell or hold ITC shares? CLSA has downgraded ITC to outperform from buy with a target of Rs 470 per share. "Steady Q4 for cigarettes; paper and agri remain subdued," said the global brokerage in its note.
- Shivani Tiwari
3 days ago · Should you buy? ITC stock has risen 22% in three months and 12% YTD. Analysts see continued strength in the stock above ₹ 500, with the potential to touch highs of ₹ 530-538.
Mar 29, 2022 · Last Updated: Mar 29, 2022, 11:29:00 AM IST. Synopsis. “Valuation wise, the ITC stock has always remained undervalued. Cash flow wise, ITC has always produced a higher amount of cash and free cash which has just given work to so many other businesses.
- The main issue with ITC has always been the cigarette business. Most of the global funds would probably not touch ITC because of its bad effects on...
- The current environment, its agri business and IT business are likely to grow very very well and with the unlocking of the economy, even the hospit...
- As of now, the stock is basically getting rerated though appreciation has still not come. It has the potential for much higher appreciation, should...
May 24, 2024 · ITC Ltd.'s March quarter results were a mixed bag, but analysts at several brokerage firms continued to rate its stock as a 'buy,' citing stability in its cigarette business.
Aug 16, 2023 · Here’s what brokerages recommend. ITC’s cigarette business clocked nearly 13% YoY revenue growth at ₹ 7,465.27 crore on the back of healthy cigarette volume growth of 8% in Q1FY24, while its...
- Ankit Gohel
2 days ago · ITC Share Price Today (26 Sep, 2024): ITC Stock Price (₹ 522.75) Live NSE/BSE updates on The Economic Times. Check out why ITC share price is up today. Get all details on ITC shares news and analysis, Forecasts, Dividend, balance sheet, profit & loss, Quarterly results, annual report information, and more.
May 24, 2024 · FMCG major ITC left investors little to chew on in its March quarter results with the shares falling nearly 1% to Rs 437.85 on BSE during the day but brokerages have raised target prices going up to Rs 540.
