Posts tagged Religare Capital
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| ITC is a High Conviction Idea. Buy for target price of Rs 332: Religare | |
| Company: | ITC Ltd |
| Brokerage: | Religare |
| Date of report: | July 1, 2022 |
| Type of Report: | Initiating Coverage |
| Recommendation: | Buy |
| Upside Potential: | 21.2% |
| Summary: | Consistently rewarding shareholders: ITC is one of the private sector companies which have been consistently rewarding shareholders by paying dividends. In the last 5 years, the company has paid an average of 83% as dividend payout. Going ahead as well, the company announced that it is expected to maintain its dividend payout ratio on similar lines i.e. ~80-85%. |
| Full Report: | Click here to view full post with link to download pdf file |
| Tags: | ITC |