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Last Updated : Jan 20, 2012 03:55 PM IST | Source: Moneycontrol.com

ITC's PAT is robust; our target price is Rs 241: Elara Cap

ITC announced its third quarters numbers. In an interview to CNBC-TV18, Himani Singh, Elara Capital says, the results are very robust on the bottom-line. “I think the stock should react positively,” he adds.


ITC announced its third quarters numbers. The company posted a net profit of Rs 1,701 crore for the quarter ended December 31, 2011, up 22.46% as compared to Rs 1,389 crore for the quarter ended December 31, 2010.

In an interview to CNBC-TV18, Himani Singh, Elara Capital says, the results are very robust on the bottom-line.

First Published on Jan 20, 2012 03:04 pm