Dolat Capital's research report on ITC
ITC’s Annual Report FY20 showcases three aspects of its diversified business a) Continued headwinds faced by the Cigarette business b) strength and scale of its non-cigarette portfolio and its potential to drive long term earnings c) continued focus on sustainability of its business on three parameters: financial, environmental, and social.
Outlook
ITC’s strategic response to the evolving pandemic situation has been ‘Survive, Revive and Reimagine’. The speedy interventions demonstrate ITC’s resilience and innovative business capabilities.
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