Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.
11,913.455.3
Stock Analysis, IPO, Mutual Funds, Bonds & More

Buy ITC, target Rs 315: Kunal Bothra

Buy ITC Ltd. at a price target of Rs 315.0 and a stoploss at Rs 300 from entry point.

ETMarkets.com|
Updated: May 07, 2019, 09.02 AM IST
0Comments
ThinkStock Photos
Buy-sale5
Independent analyst Kunal Bothra has a buy call on ITC Ltd. with a target price of Rs 315. The current market price of ITC Ltd. is Rs 307.0 Time period given by the analyst is Intra Day when ITC Ltd. price can reach defined target. Kunal Bothra recommended to keep stoploss at Rs 300. ITC Ltd., incorporated in 1910, has a market cap of Rs 376339.99 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 Crore in latest quarter. The company’s top management includes Mr.Arun Duggal, Mr.David Robert Simpson, Mr.Hemant Bhargava, Mr.John Pulinthanam, Mr.Nakul Anand, 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.

Also Read

Bet on Bank Nifty if it corrects further: Kunal Bothra

Sell DLF, target Rs 175: Kunal Bothra

Sell DLF, target Rs 178: Kunal Bothra

Buy NMDC, target Rs 120: Kunal Bothra

Buy ONGC. target Rs 147: Kunal Bothra

Comments
Add Your Comments
Commenting feature is disabled in your country/region.
Download The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
Disclaimer: This recommendation is analyst's own and does not represent those of economictimes.com & ETMarkets.com. Please consult your financial advisor before taking any position in the stock/s mentioned.

Other useful Links


Follow us on


Download et app


Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service