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.
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.
Comment:
CMP 456. High Made of 500.