India, May 29 -- Sharekhan has maintained its Buy call on this diversified FMCG Giant with an Upside of 24 percent from current levels, citing several positive outlooks. The shares of ITC are currently trading at 420 levels, and the broker has given a target price of Rs. 522. Additionally, in past past 1 year the stock has given a return of -1 percent and the past 5-year return stands at 113 percent.

Target & Rational Sharekhan has issued a Buy recommendation on ITC Ltd. with a target price of Rs. 522, indicating a potential upside of 24 percent from the current market price of Rs. 420. The positive outlook is driven by several key factors. Firstly, cigarette volume growth is expected to sustain, supported by the absence of any new tax h...