ITC has biggest weightage in Edelweiss’ consumption portfolio. Here’s why - Economic Times

4/12/2022 12:00:00 AM3 yearsago
by ET Now
by ET Now
“In Q4, FPIs have increased their stake in ITC from 9.99% by 200 bps further. That clearly shows that ITC is seeing more demand from more well informed investors. This year, ITC has outperformed all kinds of indices. Nifty has given hardly 2.5% return and ITC…
I expect the ITC cigarette business to see around mid single digit volume growth in FY23 and double digit earnings growth, says Abneesh Roy, Executive Director, Edelweiss SecuritiesSome of these Indi… [+8649 chars]
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