Buy ITC, target Rs 270: Dr CK Narayan
Buy ITC Ltd. at a price target of Rs 270.0 and a stop loss at Rs 258 from entry point.
The current market price of ITC is Rs 263.90.
Time period given by the analyst is intraday when ITC price can reach defined target.
Dr CK Narayan recommended to keep a stop loss at Rs 258.
ITC Ltd., incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 3,21,646.82 Crore) operating in Tobacco sector.
The company’s top management includes Mr.Arun Duggal, Mr.David Robert Simpson, Mr.Nakul Anand, Mr.Rajiv Tandon, Mr.Sahibzada Syed Habib-ur-Rehman, Mr.Sanjiv Puri, Mr.Shilabhadra Banerjee, Mr.Sunil Behari Mathur, Mr.Suryakant Balkrishna Mainak, Mr.Yogesh Chander Deveshwar, Mr.Zafir Alam, Ms.Meera Shankar, Ms.Nirupama Rao.
Company has Deloitte Haskins & Sells as its auditors.
As on 30-09-2017, the company has a total of 12,183,646,491 shares outstanding.
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