My Application Form Status

Check the status of your application form with Angel Broking.
Arq - The Hyper Intelligent Investment Engine By Angel Broking

ITC Ltd Research Report - 02nd Nov 2016

FMCG | Published on Nov 02nd 2016

IT

ITC posted a healthy set of numbers for 2QFY2017, both on the top-line and the bottom-line front. The top-line was healthy due to decent growth in cigarettes and other FMCG businesses, which resulted in a higher overall profitability of the company. We expect ITC to report a top-line and bottom-line CAGR of 10% and 15%, respectively, over FY2016-18E. At the current market price, the stock is trading at 23.7x its FY2018E EPS. We recommend a Buy rating on the stock with a target price of Rs284.

Download Full Report

Accumulate

CMP 240
Target Price 284
Investment Period12 Months

Stock Info

MCAP BSE (Rs in Cr)322,305.37
MCAP NSE (Rs in Cr)322,244.71
P/E (x)Array
EPS (Rs.)Array
BV (Rs.)32.30
Div Yield (%)Array
FV (Rs.)1.00
P/BV (x)Array
EV/Sales (x)Array
EV/EBITDA (x)Array

Shareholding Pattern (%)

Institution35.0
Corporate34.0
Foreign21.0
Public & Others10.0
Promoter0.0
Grand Total100.0

Trade Securely

AngelEye

Portfolio Tracking & Trading Application View Demo