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ICICI Direct: ITC’s Double Digit FMCG Margins In Sight

ITC Q1 Results 2020-21: The volume dip of 40% was better than our expectations given 45 days business loss due to lockdown.

A vendor hands over a pack of bidi cigarettes to a customer, unseen, at a street stall in Kannauj, Uttar Pradesh, India (Photographer Udit KulshresthaBloomberg)
A vendor hands over a pack of bidi cigarettes to a customer, unseen, at a street stall in Kannauj, Uttar Pradesh, India (Photographer Udit KulshresthaBloomberg)
BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
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