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ITC's FMCG business continues to perform well with robust improvement in margins, however, Motilal Oswal believes earnings pressure on cigarettes would offset the near-term catalysts- recovery in FMCG and Paper, and comfort on valuation.
ITC Q1 Review: Cigarette Earnings Miss Keeps Motilal Oswal Cautious — Check Target Price
Impact Score
Market Sentiment
→NeutralPrimary Sectors
ITC's FMCG business continues to perform well with robust improvement in margins, however, Motilal Oswal believes earnings pressure on cigarettes would offset the near-term catalysts- recovery in FMCG and Paper, and comfort on valuation.
Key Highlights
ITC's FMCG business continues to perform well with robust improvement in margins, however, Motilal Oswal believes earnings pressure on cigarettes would offset the near-term catalysts- recovery in FMCG and Paper, and comfort on valuation..
Source
NDTV Profit
Published
2h ago
Impact Score
75 / 100
Category
Corporate Earnings
Moderate near-term volatility expected while markets assess implications for Corporate Earnings.
What this means
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