CLSA has given ITC an Outperform rating, setting a target price of Rs 494. Insights from the analyst meeting highlight a focus on strengthening the FMCG sector, pursuing adjacencies, and aiming for an annual Ebitda margin increase of 80-100 basis points. ITC plans to consolidate cigarette growth in the near term while exploring higher-margin opportunities … Continue reading Brokerage Reports: 13th December 2023