In an interview to CNBC-TV18 portfolio manager PN Vijay recommended long term inventors to buy FMCG major ITC at its current level, if their second quarter earnings are fairly decent. The recent ban on gutkha in many states is having a spillover effect on regular cigarettes, but Vijay does not see any great problems for ITC.
first published: Oct 19, 2012 09:38 am
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