Is ITC good for long term investment?

Is ITC a good long term investment?

100% professionaly managed,transparency in business, high ethics,good policy to reward investors….all make ITC a good bet to buy with a long term perspective.

Is ITC a good investment?

The bulls batting for ITC believe that the stock remains attractive at these low valuations. Paras Bothra, President of Equity Research, Ashika Stock Broking, told Business Insider that “ITC looks to be undervalued from a valuation perspective, and hence it is a good value Buy.”

Which company is best for long term investment?

  • 9 Best Stocks to Consider Investing for Long Term.
  • Kotak Mahindra Bank. Kotak Mahindra bank has earned its position in the top banks in India, though being much younger than many other banks. …
  • Asian Paint. …
  • Bajaj Finserv. …
  • Pidilite Industries. …
  • Tata Consultancy Services. …
  • Infosys. …
  • Titan Company Limited.

18 мая 2020 г.

Is ITC a zero debt company?

Company is almost debt free. Stock is providing a good dividend yield of 4.86%.

Why are ITC shares dropping in 2020?

Why is ITC Ltd stock falling? COVID pandemic and the subsequent lockdown April-May 2020 dented the performance of ITC Ltd in Q1 FY21. Net Profit declined by 26.2% YoY to Rs. 2,343 Cr in June-quarter due to the dampened sales across Cigarette, Hotels and Papers and Packaging business verticals.

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Will ITC share price go up tomorrow?

Itc target prediction for February 2021 are 235.22, 220.54, 205.86 on the upside, and 152.08, 166.76, 181.44 on the downside. Itc target prediction for March 2021 are 247.61, 226.83, 206.04 on the upside, and 139.69, 160.48, 181.26 on the downside.

Who is the owner of ITC?

British American Tobacco Plc

Does ITC make cigarette?

ITC is the market leader in cigarettes in India. With its wide range of invaluable brands, ITC has a leadership position in every segment of the market.

Which share is best to buy today?

HOT STOCKS – BEST STOCKS TO BUY TODAYComapny nameCREATE DATE/TIMELTP ChgUPL1/16/2020 12:47 PM460.30Sun Pharma.Inds.1/16/2020 12:47 PM575.00Kotak Mah. Bank1/16/2020 12:47 PM1949.35

Which share is best to buy tomorrow?

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Which share is best to invest?

List of the best stocks to invest in for beginnersSr. No.Company NameShare Price1Hindustan Unilever LTD.2308.502Tata Consultancy Services LTD.1869.503Crisil LTD.1426.054Bajaj Finance LTD.2051.00Ещё 6 строк

Does ITC have debt?

About Total Debt

Based on the latest financial disclosure, ITC LTD has a Total Debt of 2.75 B. This is 49.35% lower than that of the Consumer Defensive sector and 85.65% lower than that of the Tobacco industry. The total debt for all India stocks is 48.28% higher than that of the company.

Is L&T debt free?

L&T had a consolidated debt of Rs 1.24 trillion as of March 2019, with the finance cost of Rs 9,354 crore last year. The consolidated debt includes a debt of Rs 91,504 crore of its finance company. … Our standalone debt after reducing cash is not high for the size of the organisation.

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Is Dmart debt free?

Adjusting for depreciation, the retailer made Rs 480-crore cash profit in the quarter. At this rate, the company may have a significant cash balance by the end of FY20, with negligible or no net debt.

Capital