417.2000 1.05 (0.25%)
NSE Jul 08, 2025 15:31 PM
Volume: 6.8M
 

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ITC Ltd.
02 Aug 2019
417.20
0.25%
Dolat Capital
View: EBIT margin improvement in cigarette business; Maintain Buy. ITC's Q1FY20 results were broadly in line with our estimates. The cigarette business posted +3% YoY volume growth, below our estimate of 5%. However, increase in margins in the cigarette business was encouraging. Despite sluggish demand in Q1, ITC's FMCG business reported a 6.6% increase in topline and 80bps expansion in margin. We have maintained our FY20E and FY21E EPS estimates at ` 11.4 and ` 12.2, respectively. In our view, the stock is trading at a steep discount to peers and is an...
Number of MF schemes decreased from 432 to 51 in Mar 2025 qtr
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