Buy ITC, target Rs 270: Shrikant Chouhan

Shrikant Chouhan of Kotak Securities Limited has a buy call on ITC with a target price of Rs 270.

The current market price of ITC is Rs 259.50.

Time period given by the analyst is Intra Day when ITC price can reach defined target.


Shrikant Chouhan recommended keeping a stop loss at Rs 255.

ITC, incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 3,16,701.45 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, Ms.Meera Shankar, Ms.Nirupama Rao.

The company has Deloitte Haskins & Sells as its auditors.

As on 31-12-2017, the company has a total of 12,190,456,871 shares outstanding.