ITC - A viewpoint

Mar 28, 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.

Sep 4, 2022

Trade active

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.

Aug 3, 2023

Note

CMP 456. High Made of 500.