Name: Latest research reports of ITC Ltd. authored by JM Financial and published by - Trendlyne research reports.
Item: ITC Ltd.
Rating: 5
Author: JM Financial

ITC Ltd.

NSE: ITC | BSE: 500875 | ISIN: INE154A01025 | Industry: Cigarettes-Tobacco Products
| Expensive Performer

421.5500 5.25 (1.26%)

NSE Apr 11, 2025 15:31 PM

New 52W Low in past week

Volume: 8.9M

ITC Ltd.

29 Jun 2018

421.55

1.26%

ITC

Buy: ITC Ltd.

JM Financial

FY18 AR: Government remained the bigger beneficiary The GST Council's (perhaps unintentional?) u-turn on cigarette taxation immediately post GST rollout ensured that government retained a lion's share of ITC's value-addition. Over the past 5 years, 73% of the total value-added by ITC accrued to the government (value-added' defined as the value created by the economic activities of the company and its employees). ITC contributed a cumulative INR 1.5tn (USD 23bn) to the Exchequer over the past 5 years (FY14-18) during which period its own profits were just INR477bn (USD 7.3bn) - share of the government in the value-added by ITC is 3.5x the amount that accrued to the providers of...

ITC Ltd. is trading below its 100 day SMA of 438.0