ITC inventory focus; most brokers bullish blue scalp companies after mixing the fourth quarter
ITC stock will gain traction at its Friday meeting after the company's results were announced Thursday at the market hours. The company released a series of mixed earnings and published first-class earnings online in anticipation.
ITC Q4FY25 results
In the last quarter of E of FY24, the company's net profit increased by 285.26% to Rs 19727.37 crore, Rs 512.055 crore as of March 2025 as of March 2024 and Rs 512.055 crore as of March 2024. Sales continued 9.93% in March in 2025 quarters, with sales rising by Rs 9.93, and the company continued 9.93 rupees in its stock in 2025 in March 2025. March 2024.
ZEE Business Research estimates that ITC's consolidated net profit for the January-March period was Rs 4,851 crore, a figure down 3.4% year-on-year.
In the year ended March 2025, full-year net profit rose 69.84% to Rs 347,4663 crore, while Rs 204,587.8 crore as of March 2024, sales rose 10.78% and sales rose 10.78% to Rs 746,533.2 crore as of March 2025, violating sales during the period of RMB 67,391.04, and sales violated Rs 67,391.04.
Broker for ITC Postal Q4 results
Jefferies on ITC (CMP: 426)
Maintain buying, increase the target price from 520 to 535
Despite the pressure on FMCG and cardboard, the results are huge online
Cigarette volumes increased by 5%, which seemed strong
The performance of FMCG is mainly affected by difficult macro conditions, resulting in a sharp decline in EBIT
CLSA on ITC (CMP: 426)
Keep accumulating, the target price starts from 518 to 496
Morgan Stanley on ITC (CMP: 426)
Stay overweight, target price 500
JP Morgan on ITC (CMP: 426)
Stay overweight, target price 475
HSBC on ITC (CMP: 426)
Maintenance purchase, target price 510
Cigarettes bring steady 6% year-on-year revenue growth
Q4 tandem, although growth still shortens the order improvement of FMCG BIZ edges
Like ITC, attractive valuations in a stable tax context
ZEE business executive editor Anil Singhvi on ITC
Anil Singhvi mentioned that the stock showed no response to the results. He added that the stock will show weakness below Rs 413 and put the price of Rs 437 per share above Rs 437.
