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Jefferies downgrades ITC, cuts target price by Rs 90. It's not just about BAT

BAT s potential stake sale in ITC could result in a supply overhang of about $2.5 billion. BAT is facing challenges from declining cigarette volumes in key markets, including the US. The company also holds $40 billion in net debt, accounting for 3x Ebitda and nearly 60% of the market cap. ....

United States , Vivek Maheshwari , British American Tobacco , Itc Shares , Itc News , Share Price , Jefferies On Itc ,

Why ITC's shareholders are taking fright when BAT is selling only 4 percent stake?

The sharp fall in ITC’s shares indicates a nervousness that is not fully explained by the 4 percent stake sale news, which was already known to the market ....

United States , British American Tobacco , British American Tobacco , M A , Stake Sale ,

Sanjiv Bhasin | Sanjiv Bhasin stocks: Go contra as dumb money sells largecap private banks;one realty stock could double & avoid ITC: Sanjiv Bhasin

Sanjiv Bhasin says: Insurance companies, including LIC, SBI Life, ICICI Pru, and HDFC Life, are expected to perform well in the long term. These companies, along with other intermediaries like brokers and AMCs, are set to benefit from changing daily habits and increased technology adoption. the dumb money is now selling the largecap private banks, which were the most sought after and getting into PSUs. So, it is time to be contrarian, ....

Sanjiv Bhasin , Canara Bank , Offering College , Indian School Of Business , Leadership Excellence , Product Officer , Might Also Like , New India Assurance , New India Insurance , Indiabulls Real Estate , Orchid Pharma , Tata Power , Sanjiv Bhasin Stocks , Insurance Stocks , Hdfc Bank Largecap Private Banks , Expert View , Stock Market , Et Now ,

Jefferies downgrades ITC, slashes target price to ₹430

Over the last three years, ITC stock has given a return of more than 3x from led by strong cigarette volume growth, scale-up in FMCG, improved capital allocation, & increase in FII holding. ....

United States , Nirmala Sitharaman , Bharti Airtel , Bharti Hexacom , British American Tobacco , Finance Minister Nirmala Sitharaman , Itc Share Price , Fmcg Conglomerate Itc , Itc Stock , Itc Shares , Brokerage Firm Jefferies ,