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Reduce ITC; target of Rs 213: Dolat Capital

Dolat Capital recommended reduce rating on ITC with a target price of Rs 213 in its research report dated August 09, 2020.

August 11, 2020 / 04:17 PM IST
 
 
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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.

For all recommendations report, click here


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Broker Research
first published: Aug 11, 2020 04:17 pm

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