Finance Minister Nirmala Sitharaman presents Union Budget 2023.

The stock now has a PE of 18.3 per cent, an ROE of 12.80 per cent and a 1-year CAGR of 22 per cent, respectively.

Today, the stock of this company was locked at 20 per cent at Rs 266.15 per share.

This stock demands special attention as the company may surprise investors with a hefty dividend announcement at its board of directors’ meeting, which is scheduled on October 20, 2022. 

On Tuesday, the share price of ITC jumped nearly 3 per cent to a new 52-week high of Rs 316.65 a piece on BSE, after its consolidated net profit rose 33.46 per cent on a YoY basis to Rs 4,462.25 crore in April-June 2022 quarter.