Intraday Buy Call For ITC

Intraday Buy Call For ITCTechnical Analyst Sudarshan Sukhani has maintained 'buy' rating on ITC Ltd stock to achieve an intraday target of Rs 267.

According to him, interested traders can purchase the stock with a stop loss of Rs 255.

The shares of the company, on May 10, closed at Rs 134.40 on the Bombay Stock Exchange (BSE). The share price has seen a 52-week high of Rs 272.70 and a low of Rs 182.60 on BSE.

Current EPS & P/E ratio stood at 10.12 and 25.63 respectively.

ITC is one of the country's foremost private segment companies with a market capitalization of more than $22 billion and revenue of more than US $ 5 billion.

ITC is rated among the World's Best Big Companies, Asia's 'Fab 50' and the World's Most Reputable Companies by Forbes, among India's Most Respected Companies by BusinessWorld and among the country's Most Valuable Companies by Business Today.

ITC places among India's `10 Most Valuable (Company) Brands', in a research carried out by Brand Finance. ITC also places among Asia's 50 best performing companies compiled by Business Week.

The company has a diversified presence in Cigs, Hotels, Paperboards & Specialty Papers, Packaging, Agri-Business, Packaged Foods & Confectionery, IT, Branded Clothes, Personal Care, Stationery, Safety Matches and other FMCG products.

ITC is also speedily hitting market share even in its emerging businesses of Packaged Foods & Confectionery, Branded Apparel, Personal Care as well as Stationery.

As one of India's most worthful and honored corps, ITC is widely perceived to be dedicatedly nation-oriented.