ITC glowing in all verticals has many levers to sustain Dalal Street run

ET Intelligence Group: ITC's investors have been among the happiest of late, and justifiably so. The ITC stock has appreciated more than 60% in the past year, even as the ET FMCG Index has risen 25% and the benchmark Sensex 14%. Moreover, the company's fourth-quarter performance doesn't provide any reason to dampen their enthusiasm.The company reported strong earnings across its segments, with a 385 basis points (bps) improvement in the