Chandan Taparia of Motilal Oswal has buy call on with a target price of Rs 222. The current market price of ITC Ltd. is Rs 212.35 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 261255.22 Crore) operating in Tobacco sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 14670.17 Crore, up 6.85 % from last quarter Total Income of Rs 13730.06 Crore and up 5.08 % from last year same quarter Total Income of Rs 13960.50 Crore. Company reported net profit after tax of Rs 3587.20 Crore in latest quarter.
Investment Rationale
Price volume breakout on daily frame with major base at 200 zones
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of Dec 30, 2020, while FIIs held 13.3 per cent, DIIs 38.9 per cent and public and others 47.8 per cent.
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 261255.22 Crore) operating in Tobacco sector.
Financials
For the quarter ended 31-12-2020, the company reported a Consolidated Total Income of Rs 14670.17 Crore, up 6.85 % from last quarter Total Income of Rs 13730.06 Crore and up 5.08 % from last year same quarter Total Income of Rs 13960.50 Crore. Company reported net profit after tax of Rs 3587.20 Crore in latest quarter.
Investment Rationale
Price volume breakout on daily frame with major base at 200 zones
Promoter/FII Holdings
Promoters held 0 per cent stake in the company as of Dec 30, 2020, while FIIs held 13.3 per cent, DIIs 38.9 per cent and public and others 47.8 per cent.
(Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.)
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