ITC LIMITED

STOCK CAN TOUCH RS:350 LEVEL IN COMING MONTHS . CURRENTLY STOCK PRICE IS STRUGGLING AROUND 240-260 LEVEL WHICH WAS NEARLY 2016 LEVEL . CURRENTLY COMPANY HAD POSTED GOOD NUMBERS ON QOQ AND YOY BASIS .
CLOSING PRICE 237 AS ON 11-DECEMBER-2019 ON NSE

COMPANY HAD MADE EXPANSION IN ITS HOTEL BUSINESS LAST YEAR WHICH BENEFICIAL WILL BE SEEN FROM FY 2020 SECOND QUARTER , COMPANY HAVING STRONG BUSINESS MODEL IN DIFFERENT 5 SEGMENT WITH ADDING MORE ON THAT FROM ASHIRWAD AATA TO AGARBATTI , ITC HAD SEEN GOOD VOLUME GROWTH IN FMCG SECTOR ,

CURRENTLY THE FMCG SECTOR WAS IN PAIN SINCE LAST 3 QUARTER , AS AGAIN DEMAND EMERGING WE BELIEVE ITC WILL BE THE BEST IN THE FMCG SECTOR AS GROWTH PERSPECTIVE ,
TOP MUTUAL FUND HAD THEIR HOLDING IN THIS STOCK

WE RECOMMENDED BUY VIEW ON ITC LIMITED .