Nice one. But i wanted to ask a question. The financials are good. Except for lack of Growth Rate the company has no Cons. Doesnt the company look undervalued or available at a cheap price ?
Why is the Price Falling so drastically ?
StayingAX
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@connectzain, illegal cigarettes are being a real threat to its profitability and it is considered as sin good. So investors are not interested in this company. But gradually itc is willing to become less dependant on cigarettes as it's continuously building strong FMCG products in its portfolio. once the price come out of this down trednline then we can assume it is primed for upward move.
connectzain
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@StayingAX, Thank you very much for your analysis. Even though its a single person asking question you took your time to answer. I am grateful.
Why is the Price Falling so drastically ?