Buy ITC, target Rs 298: Dharmesh Shah
Buy ITC Ltd. at a price target of Rs 298.0 and a stop loss at Rs 267 from entry point.
By ETMarkets.com |
Dharmesh Shah of ICICI Direct has a buy call on ITC with a target price of Rs 298.
The current market price of ITC is Rs 279.25.
Time period given by the analyst is 'Intra Day' when ITC price can reach defined target.
Dharmesh Shah recommended to keep a stop loss at Rs 267.
ITC, incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 3,40,418.51 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 31-12-2017, the company has a total of 12,190,456,871 shares outstanding.
The current market price of ITC is Rs 279.25.
Time period given by the analyst is 'Intra Day' when ITC price can reach defined target.
Dharmesh Shah recommended to keep a stop loss at Rs 267.
ITC, incorporated in the year 1910, is a Large Cap company (having a market cap of Rs 3,40,418.51 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.
ADVERTISEMENT
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.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Proposed demerger of the hotel business will improve the financial return ratios of ITC Ltd, says ITC chairmanADVERTISEMENT
