INSUBCONTINENT EXCLUSIVE:
Independent analyst Nooresh Merani has a buy call on ITC Ltd
with a target price of Rs 312
The current market price of ITC Ltd
Time period given by the analyst is Intra Day when ITC Ltd
price can reach the defined target
Nooresh Merani recommended to keep stoploss at Rs 298
ITC Ltd., incorporated in 1910, is a largecap company with a market cap of Rs 369842.92 crore.
ITC Ltd
key Products/Revenue Segments include Cigarettes which contributed Rs 22894.01 Crore to Sales Value (51.64 % of Total Sales), Packaged Food
Item which contributed Rs 8668.72 Crore to Sales Value (19.55 % of Total Sales), Paper Paper Boards which contributed Rs 3221.11 Crore to
Sales Value (7.26 % of Total Sales), Agricultural Products which contributed Rs 2855.85 Crore to Sales Value (6.44 % of Total Sales), Others
which contributed Rs 2645.66 Crore to Sales Value (5.96 % of Total Sales), Tobacco Unmanufactured which contributed Rs 1696.13 Crore to
Sales Value (3.82 % of Total Sales), Service (Hotel) which contributed Rs 1404.10 Crore to Sales Value (3.16 % of Total Sales), Printed
Materials which contributed Rs 571.32 Crore to Sales Value (1.28 % of Total Sales), Other Operating Revenue which contributed Rs 372.87
Crore to Sales Value (0.84 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 31-12-2018, the company has reported a Standalone sales of Rs 11136.55 Crore, up 2.25 % from last quarter Sales of Rs
10891.23 Crore and up 15.14 % from last year same quarter Sales of Rs 9672.57 Crore Company has reported net profit after tax of Rs 3209.07
Mr.Rajiv Tandon, Mr.Sahibzada Syed Habib-ur-Rehman, Mr.Sanjiv Puri, Mr.Shilabhadra Banerjee, Mr.Sunil Behari Mathur, Mr.Yogesh Chander
Deveshwar, Ms.Meera Shankar, Ms.Nirupama Rao
Company has Deloitte Haskins Sells as its auditoRs As on 31-03-2019, the company has a total of 12,258,631,601 shares outstanding.