ITC - Safe Bet

[rmani84]

CMP : 176


ITC Limited, a member of BAT Group of UK, is a holding company, which has a diversified presence in Cigarettes, Hotels, Paperboards & Specialty Papers, Packaging, Agri Business, Packaged Foods & Confectionery, Branded Apparel, Greeting Cards and other FMCG products.

ITC is yet another safe investment in large cap space. Like all safe bets, its low on liabilities and solid on Revenue / PAT. P/E of 30 is acceptable considering their diversity and strong sector they are in. Expect to make 20% returns a year and accumulate on dips.

[rmani84]

[ITC Ltd.] Q3 net profit jumps 22%.