ITC - A viewpoint

28 mar 2022

ITC
ITC Limited is a holding company engaged in the marketing of fast moving consumer goods (FMGC). The Company operates through four segments: FMCG; Hotels; Paperboards, Paper and Packaging; and Agri Business.

• TTM EPS: 12.01
  
• TTM PE: 21.40
  
• Sector PE: 23.75
  
• Book Value Per Share: 47.87
  
• P/B: 5.37
  
• Face Value: 1
  
• Mkt Cap (Rs. Cr.): 316,769
  
• Dividend Yield: 4.18
  

Some Positives:

• Company with Low Debt
  
• Increasing Revenue every quarter for the past 2 quarters
  
• Increasing profits every quarter for the past 2 quarters
  
• Near 52 Week High
  
• Strong Momentum: Price above short, medium and long term moving averages
  

Some Negatives:

• Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  
• Declining Net Cash Flow : Companies not able to generate net cash
  

My Opinion: When the stock is in any uptrend, it forms base in stages. One should wait for a new base to form. 265 is an important resistance.
Can ITC cross 310 and go even higher? Absolutely yes. When? You never know.

NOT A RECOMMENDATION. ONLY FOR EDUCATION PURPOSE. Thanks.

4 set 2022

Trade attivo

CMP 323. Have been invested from 212 levels earlier then posted this idea at 257. Stock can still go till 375-400 in coming months.

3 ago 2023

Nota

CMP 456. High Made of 500.