Time period given by analyst is Intra Day when ITC Ltd. price can reach defined target.
ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 286734.53 Crore) operating in Tobacco sector.
ITC Ltd. key Products/Revenue Segments include Packaged Food Item, Agricultural Products, Paper & Paper Boards, Others, Service (Hotel), Tobacco Unmanufactured, Printed Materials, Other Operating Revenue for the year ending 31-Mar-2020.
Financials
For the quarter ended 30-06-2021, the company reported a Consolidated Total Income of Rs 14687.80 Crore, down -1.57 % from last quarter Total Income of Rs 14921.76 Crore and up 37.28 % from last year same quarter Total Income of Rs 10699.20 Crore. Company reported net profit after tax of Rs 3343.44 Crore in latest quarter.
Investment Rationale
Stock is trading near its important retracement zone and the pullback rally for upside is very likely
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of Sept 30, 2020, while FIIs held 13.1 per cent, DIIs 43.5 per cent and public and others 43.5 per cent.
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