Buy ITC With Stop Loss Of Rs 165
Stock market analyst Parsh Zaveri of Zaveri Investments has maintained 'buy' rating on ITC Ltd stock with a target of Rs 180.
According to analyst, the interested investors can buy the stock with stop loss of Rs 165.
The stock of the company, on Sep 15, closed at Rs 167.10 on the Bombay Stock Exchange (BSE).
The share price has seen a 52-week high of Rs 167.65 and a low of Rs 113.50 on BSE.
Current EPS & P/E ratio stood at 5.57 and 30.26 respectively.
The nation-wide programme aims to engage youngsters in the age group of 14-21 years, inviting them to discuss transformational ideas for India.
The company has finished 100 years of continuation in August this year.
As part of the 100 years celebrations, its education and stationery products brand, Classmate, has introduced an exclusive programme -- Classmate Ideas for India.
The countrywide plan aims to connect children aged between 14-21 years, asking for initiatives from them that have the prospective to alter the country of tomorrow.
The company is eyeing to expand its 6-year-old education and stationery products biz by 150% to Rs 1,000 crore in less than five years.
The section consists of two brands including Classmate and Paperkraft, which clock sales worth Rs 400 crore on a yearly basis.
ITC has a diversified presence in cigs, hotels, paperboards & specialty papers, packaging, agriculture biz, packaged foods plus confectionery, IT, branded clothing, personal care, stationery, safety matches plus other FMCG goods.