ITC _Making of an Indian FMCG Giant

Discussion in 'Ask A Query About Your Stock Picks And Portfolio' started by kharb, Jul 3, 2017.

  1. kharb

    kharb Well-Known Member

    Joined:
    Aug 15, 2015
    Messages:
    1,022
    Likes Received:
    735
    ITC continue to out perform nifty and has history of rewarding its share holders and I am fortunate to be among one of them.It seems that dream run may continue for some more years and its FMCG business may cross 100000 Crore in future. More over it is multiple play on hotels,Agri ,paper in addition to Cigrate.In my view it is a must have stock for those conservative investers who want Nifty plus steady out performance .This is no advice to buy but just for discussion among members .
     
    wild_hipman likes this.
  2. w4wealth

    w4wealth Well-Known Member

    Joined:
    Oct 16, 2015
    Messages:
    1,042
    Likes Received:
    339
    itc also diversifying into diary industry in big way. in my view it is a stock to hold for the dear life since you are a early buyer.:):)
     
    kharb and Srouta Mukherjee like this.
  3. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

    Joined:
    Mar 28, 2015
    Messages:
    1,898
    Likes Received:
    769
    Sooper call heavy gains are there from blue chip stock.

    ICICI has recommended buy with TP Rs. 407.

    "ITC Ltd (ITC)

    Eliminating ‘ Tax o n Ta x’…

    With the clarity emerging on new indirect tax rates on cigarettes, we
    believe net tax incidence on ITC would come down by 4.5% mainly due
    to elimination of cascading effect of taxes. Considering anti profiteering
    clause in place cigarettes prices are likely to come down by 2.5%. After
    five consecutive year of increase in duties & taxes on cigarettes, GST
    implementation has come as advantage for cigarettes companies. We
    believe the company would continue to concentrate on low priced (64 &
    69 mm) cigarettes to derive higher volume growth. Notably 64 mm
    category volume contribution has increased from ~20% to ~32% in last
    one year. We have built in 4% volume growth for the FY18E and 5% price
    hikes as the company has increased prices earlier this year to the tune of
    11-14% on above 69 mm portfolio. We remain positive on the stock and
    raise our target price to | 407 per share."
     

    Attached Files:

    kharb likes this.
  4. Srouta Mukherjee

    Srouta Mukherjee Well-Known Member

    Joined:
    Mar 28, 2015
    Messages:
    1,898
    Likes Received:
    769
    stock is shooting down. heavy loss is there. 13% :(
     
  5. wild_hipman

    wild_hipman Active Member

    Joined:
    Jul 10, 2017
    Messages:
    198
    Likes Received:
    66
    Indeed the dream_run will continue!!!!!


    upload_2017-7-18_10-23-24.png
     
  6. Kritesh Abhishek

    Kritesh Abhishek Member

    Joined:
    Jul 7, 2017
    Messages:
    96
    Likes Received:
    37
    kharb likes this.
  7. wild_hipman

    wild_hipman Active Member

    Joined:
    Jul 10, 2017
    Messages:
    198
    Likes Received:
    66

    Is the dream run is over for ITC ??? The subject line stands changed from ITC_dream run to continue to making of an Indian FMGC

    It must surely hurt to have egg on your face when strong belief's in a share crash like a house of cards (in just one stroke)
     
  8. Ravikumar

    Ravikumar Active Member

    Joined:
    Nov 3, 2015
    Messages:
    195
    Likes Received:
    82
    This is a temporary glitch in ITC. ITC will come back. It is investing heavily in FMCG space and it is close to market leader within short span of time. When it comes to stationaries, I always remember Classmate as my first choice. Such is the impression and quality of the company. Good time to accumulate this giant.
     
    Pee Vee and kharb like this.
  9. Pee Vee

    Pee Vee New Member

    Joined:
    Sep 2, 2018
    Messages:
    27
    Likes Received:
    18
    ITC is an excellent stock. It is up 19% in the CY and has outperformed the 12% rise in the Nifty.

    The valuation discount to its FMCG peers and efforts to shift focus towards other business verticals appear to have made the stock to be in demand.
     
    kharb likes this.
Loading...