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Buy ITC, says Gautam Sinha Roy

According to Gautam Sinha Roy VP-Equity Strategy & Product of Motilal Oswal Securities, one may buy ITC on the back of good numbers that are expected from the company.

July 17, 2013 / 17:33 IST
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Gautam Sinha Roy, VP-Equity Strategy & Product of Motilal Oswal Securities told CNBC-TV18, "I will pick ITC in the FMCG space on the backdrop of good numbers that are expected from the stock and earnings driver also being in place. So, if there has to be one pick it will be ITC."

The share touched its 52-week high Rs 361.70 and 52-week low Rs 257.00 on 16 July, 2013 and 26 July, 2012, respectively. Currently, it is trading 1.84 percent below its 52-week high and 43.33 percent above its 52-week low. Market capitalisation stands at Rs 291,064.02 crore. Also Read: ITC raises price of Gold Flake brand by over 7%
first published: Jul 17, 2013 05:33 pm

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