Bullish on ITC: Gopinath Natarajan

"We have seen a turnaround on their FMCG business so from that perspective we like ITC."

Gopinath Natarajan, EVP, IIFL PReMIA in an interview with ET Now talks about ITC.

At IndiaInfoline as a house you are bullish on ITC, why is that?

Couple of areas, one is the non-cigarette income which we have seen a turnaround on their FMCG business so from that perspective we like ITC. Also from abroad thematic perspective of being defensive and also having a decent allocation to defensive sectors from that perspective also.
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