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Why Analysts See ITC Living Up To Their Optimism, Finally
ITC has been one of the worst performers among peers in the past one year. Analysts expect that to change.
16 Mar 2020, 10:54 AM IST
India’s most-preferred consumer stock didn’t live up to expectations for more than a year. That, analysts say, could change soon.Cigarette-to-staples maker ITC Ltd. has been one of the worst performers among peers in the past one year. That’s despite highest consensus rating and the biggest upside potential in the Nifty FMCG Index, according to estimates tracked by Bloomberg. ITC underperformed after increase in taxes on cigarettes a...
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