ITC Ltd
as you all know it stablished in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business.
Fundamental = strong
Market Cap ₹ 5,23,098 Cr. Current Price ₹ 419 Stock P/E 25.6
ROCE 39.0 % ROE 29.1 % Debt to equity 0.00
Promoter holding 0.00 % Quick ratio 1.73 Current ratio 2.73
Piotroski score 6.00 Profit Var 3Yrs 7.41 % Sales growth 3Years 12.8 %
Return on assets 23.8 %
This is purely technical analysis and perfect 21 day moving average support .Moreover company is in growing and stable phase .keep in radar .
monthly RSI above 55 and its seems to be reversal signals . if market in uptrend move than this stock will be in uncharted territory.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
as you all know it stablished in 1910, ITC is the largest cigarette manufacturer and seller in the country. ITC operates in five business segments at present — FMCG Cigarettes, FMCG Others, Hotels, Paperboards, Paper and Packaging, and Agri Business.
Fundamental = strong
Market Cap ₹ 5,23,098 Cr. Current Price ₹ 419 Stock P/E 25.6
ROCE 39.0 % ROE 29.1 % Debt to equity 0.00
Promoter holding 0.00 % Quick ratio 1.73 Current ratio 2.73
Piotroski score 6.00 Profit Var 3Yrs 7.41 % Sales growth 3Years 12.8 %
Return on assets 23.8 %
This is purely technical analysis and perfect 21 day moving average support .Moreover company is in growing and stable phase .keep in radar .
monthly RSI above 55 and its seems to be reversal signals . if market in uptrend move than this stock will be in uncharted territory.
Note: I am not SEBI registered financial Adviser. I solely present my views on chart .I do not charge any kind of service. This is not buy sell recommendation.
If you like my ideas than like boost and follow me for more ideas.
Thanks and comment freely
