The Phenomenon of Conglomerates – A Case Study of ITC

ITC Limited has nearly doubled since February 2022 and now it is trading at its all-time high of Rs.443 (8^th June 2023). Most brokerage houses have been issuing research reports that recommend it as a Buy or Add. Now, as a thinking retail investor, how do you look at it? How do you decide if you will buy it now if you missed putting it in your portfolio or will you hold it if you are already sitting on some nice long term capital appreciation?

Watch out for these large-cap stocks in Monday’s trading session!

Watch out for these large-cap stocks in Thursday’s trading session!

Some of the company's strengths include a low PE, an extremely high RoCE and a significant promoter group stake (almost 95 per cent).    

Watch out for these large-cap stocks in Thursday’s trading session!

ITC is the largest cigarette manufacturer in the country. ITC operates in five business segments i.e. FMCG cigarettes, FMCG others, hotels, paperboards, paper & packaging, and Agribusiness.